BRC Inc (NYSE:BRCC) shares traded 1.27% higher at $1.59 on Wall Street last session.
BRCC stock price is now -9.82% away from the 50-day moving average and -37.68% away from the 200-day moving average. The market capitalization of the company currently stands at $343.09M.
With the price target reduced from $8 to $6, Telsey Advisory Group maintained Outperform rating for BRC Inc (NYSE: BRCC). On August 09, 2024, ROTH MKM Downgraded its previous ‘Buy’ rating to ‘Neutral’ on the stock reducing its target price from $8 to quote $4, while ‘Needham’ rates the stock as ‘Hold’
In other news, TOWER 5 CAPITAL, LLC, Director bought 51,670 shares of the company’s stock on Nov 06 ’24. The stock was bought for $167,840 at an average price of $3.25. An SEC document containing details of the transaction can be found on the SEC’s website. On Nov 05 ’24, Director TOWER 5 CAPITAL, LLC bought 300,000 shares of the business’s stock. A total of $987,000 was incurred on buying the stock at an average price of $3.29. A total of 6.74% of the company’s stock is owned by insiders.
During the past 12 months, BRC Inc has had a low of $1.19 and a high of $6.23. As of last week, the company has a debt-to-equity ratio of 8.97, a current ratio of 1.30, and a quick ratio of 0.61. The fifty day moving average price for BRCC is $1.7632 and a two-hundred day moving average price translates $2.5513 for the stock.
The latest earnings results from BRC Inc (NYSE: BRCC) was released for 2025-03-31. The net profit margin was -1.67% and return on equity was -49.54% for BRCC. The company reported revenue of $89.97 million for the quarter, compared to $98.39 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -8.56 percent.
