Atlanta Braves (OTCMKTS:BATRB) Shares Climb 6.2% – What’s Next?

Atlanta Braves Holdings, Inc. (OTCMKTS:BATRB – Get Free Report)’s share price rose 6.2% during mid-day trading on Wednesday. The company traded as high as $65.00 and last traded at $65.00. Approximately 200 shares changed hands during trading, a decline of 68% from the average session volume of 618 shares. The stock had previously closed at $61.19.

Atlanta Braves Trading Down 3.5%

The stock has a market cap of $3.94 billion, a P/E ratio of -62.13 and a beta of 0.24. The company’s 50 day moving average price is $71.68 and its two-hundred day moving average price is $65.13.

Atlanta Braves (OTCMKTS:BATRB – Get Free Report) last issued its quarterly earnings results on Wednesday, August 5th. The company reported ($0.19) earnings per share for the quarter.

Atlanta Braves Company Profile

(Get Free Report)

Atlanta Braves Holdings, Inc owns and operates the Atlanta Braves, a Major League Baseball franchise based in Atlanta, Georgia. The team competes in MLB’s National League East and generates revenue through ticket sales, broadcast and media rights, sponsorships, licensing, concessions, merchandise and other game-day activities.

The company also owns and operates Truist Park, the Braves’ home stadium in Cobb County, Georgia. Adjacent to the ballpark is The Battery Atlanta, a mixed-use development featuring restaurants, retail stores, entertainment venues, office space, residential properties and hotels.

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