Brait (LON:BRAI – Get Free Report) announced its earnings results on Wednesday. The company reported GBX 1.12 EPS for the quarter, Digital Look Earnings reports.
Brait Stock Performance
Shares of BRAI stock traded up GBX 1 during trading hours on Wednesday, reaching GBX 274. The company had a trading volume of 400,609 shares, compared to its average volume of 169,156. Brait has a 12-month low of GBX 192.50 and a 12-month high of GBX 277. The company has a market capitalization of £158.88 million and a price-to-earnings ratio of 15.71. The stock has a fifty day moving average of GBX 260.81 and a 200-day moving average of GBX 244.94.
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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