Brait (LON:BRAI – Get Free Report) announced its earnings results on Wednesday. The company reported GBX 1.12 earnings per share (EPS) for the quarter, Digital Look Earnings reports. The company had revenue of GBX 123 million for the quarter.
Brait Trading Up 0.4%
Shares of BRAI traded up GBX 1 during midday trading on Wednesday, hitting GBX 274. 400,609 shares of the company’s stock traded hands, compared to its average volume of 169,156. The stock has a market capitalization of £158.88 million and a price-to-earnings ratio of 15.71. The firm’s fifty day moving average is GBX 260.81 and its 200-day moving average is GBX 244.94. Brait has a 1 year low of GBX 192.50 and a 1 year high of GBX 277.
Brait Company Profile
Brait Limited is a Guernsey?incorporated, London?listed closed?ended investment company specializing in private equity investments. The company focuses on acquiring and developing high?quality branded businesses across various sectors, with a particular emphasis on consumer?facing industries. Brait’s shares trade on the Main Market of the London Stock Exchange under the ticker BRAI and on the JSE Limited in South Africa under the ticker BAT.
The company’s core activities involve the identification, acquisition, and active management of portfolio companies that demonstrate strong growth potential and cash?generative capabilities.
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