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

Shares of Big Rock Brewery Inc. (TSE:BR) hit a new 52-week low 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 changing hands. The stock had previously closed at C$0.60.

Big Rock Brewery Trading Down 8.3%

The firm has a 50-day moving average of C$0.61 and a 200-day moving average of C$0.69. The company has a debt-to-equity ratio of 65.16, a quick ratio of 0.15 and a current ratio of 0.67. The firm has a market capitalization of C$13.53 million, a P/E ratio of -3.67 and a beta of 0.70.

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