Big Rock Brewery (TSE:BR) Hits New 12-Month Low – Time to Sell?

Big Rock Brewery Inc. (TSE:BR) shares hit a new 52-week low during mid-day trading on Friday. The stock traded as low as C$0.55 and last traded at C$0.55, with a volume of 2119 shares changing hands. The stock had previously closed at C$0.61.

Big Rock Brewery Stock Performance

The firm has a fifty day moving average of C$0.63 and a 200-day moving average of C$0.67. The company has a quick ratio of 0.15, a current ratio of 0.74 and a debt-to-equity ratio of 53.67. The firm has a market cap of C$13.53 million, a P/E ratio of -3.67 and a beta of 0.50.

Big Rock Brewery (TSE:BR) last announced its quarterly earnings data on Thursday, August 13th. The company reported C($0.03) earnings per share for the quarter. Big Rock Brewery had a negative return on equity of 14.61% and a negative net margin of 7.86%.The firm had revenue of C$13.91 million for the quarter. Research analysts predict that Big Rock Brewery Inc. will post -0.1 earnings per share for the current fiscal year.

Big Rock Brewery Company Profile

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.