Market Insight: BRC Inc (BRCC)’s Notable Gain, Closing at 2.14

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In the latest session, BRC Inc (NYSE: BRCC) closed at $2.14 up 0.94% from its previous closing price of $2.12. In other words, the price has increased by $0.94 from its previous closing price. On the day, 0.56 million shares were traded.

Ratios:

For a deeper understanding of BRC Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 67.42 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 173.91. For the most recent quarter (mrq), Quick Ratio is recorded 0.70 and its Current Ratio is at 1.27. In the meantime, Its Debt-to-Equity ratio is 7.40 whereas as Long-Term Debt/Eq ratio is at 6.99.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Telsey Advisory Group on August 09, 2024, Reiterated its Outperform rating but revised its target price to $6 from $8 previously.

On August 09, 2024, ROTH MKM Downgraded its rating to Neutral which previously was Buy and also lowered its target price recommendation from $8 to $4.

Insider Transactions:

Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Nov 06 ’24 when TOWER 5 CAPITAL, LLC bought 51,670 shares for $3.25 per share.

TOWER 5 CAPITAL, LLC bought 300,000 shares of BRCC for $987,000 on Nov 05 ’24. On Sep 13 ’24, another insider, Welling Glenn W., who serves as the Director of the company, bought 684,542 shares for $3.17 each. As a result, the insider paid 2,169,998 and bolstered with 13,535,560 shares of the company.

Valuation Measures:

For the stock, the TTM Price-to-Sale (P/S) ratio is 1.17 while its Price-to-Book (P/B) ratio in mrq is 12.72.

Stock Price History:

Over the past 52 weeks, BRCC has reached a high of $7.14, while it has fallen to a 52-week low of $2.01. The 50-Day Moving Average of the stock is -22.02%, while the 200-Day Moving Average is calculated to be -45.34%.

Shares Statistics:

A total of 78.29M shares are outstanding, with a floating share count of 75.07M. Insiders hold about 5.28% of the company’s shares, while institutions hold 51.42% stake in the company.

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