Big Rock Brewery (TSE:BR) Reaches New 52-Week Low – Here’s Why

Shares of Big Rock Brewery Inc. (TSE:BR) reached a new 52-week low during trading on Tuesday. The stock traded as low as C$0.55 and last traded at C$0.55, with a volume of 7,000 shares. The stock had previously closed at C$0.60.

Big Rock Brewery Trading Down 8.3%

The stock has a market capitalization of C$13.53 million, a P/E ratio of -3.67 and a beta of 0.70. The stock’s fifty day moving average price is C$0.61 and its two-hundred day moving average price is C$0.69. The company has a current ratio of 0.67, a quick ratio of 0.15 and a debt-to-equity ratio of 65.16.

Big Rock Brewery (TSE:BR) last released its earnings results on Friday, November 6th. The company reported C($0.06) EPS for the quarter. The business had revenue of C$12.47 million for the quarter. Big Rock Brewery had a negative net margin of 11.76% and a negative return on equity of 20.89%. Equities research analysts forecast that Big Rock Brewery Inc. will post -0.10 EPS for the current year.

About Big Rock Brewery

In 1985, Ed McNally founded Big Rock to contest the time’s beer trends. Three bold, European-inspired offerings – Bitter, Porter and Traditional Ale – forged an industry at a time heavy on easy drinking lagers and light on flavour. Today, our extensive portfolio of signature beers, ongoing seasonal offerings, six ciders (Rock Creek Cider® series), custom-crafted private label products and other notable, licensed alcoholic beverages keeps us at the forefront of the craft beer revolution and still proudly contesting the beer and alcoholic beverage trends of today.