Brown Forman (NYSE:BF.A) Share Price Passes Above 200 Day Moving Average – Time to Sell?

Shares of Brown Forman Corporation (NYSE:BF.A) crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $27.48 and traded as high as $27.62. Brown Forman shares last traded at $27.36, with a volume of 208,769 shares changing hands.

Brown Forman Trading Up 0.3%

The company has a debt-to-equity ratio of 0.52, a quick ratio of 1.18 and a current ratio of 3.24. The firm has a 50-day moving average of $27.38 and a 200-day moving average of $27.47. The firm has a market capitalization of $12.92 billion, a P/E ratio of 18.40 and a beta of 0.33.

Brown Forman (NYSE:BF.A) last announced its quarterly earnings data on Thursday, June 4th. The company reported $0.12 earnings per share for the quarter. Brown Forman had a return on equity of 17.63% and a net margin of 18.20%.The firm had revenue of $912.00 million during the quarter.

About Brown Forman

Brown-Forman Corporation manufactures, bottles, imports, exports, markets, and sells various alcoholic beverages. It provides spirits, wines, whiskey spirits, whiskey-based flavored liqueurs, ready-to-drink and ready-to-pour products, ready-to-drink cocktails, vodkas, tequilas, champagnes, brandy, bourbons, and liqueurs. The company offers its products primarily under the Jack Daniel's, Woodford Reserve, Canadian Mist, GlenDronach, BenRiach, Glenglassaugh, Old Forester, Early Times, Slane Irish Whiskey, Coopers' Craft, el Jimador, Herradura, New Mix, Pepe Lopez, Antiguo, Finlandia, Korbel Champagne, and Sonoma-Cutrer brands.