Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
The price of BRC Inc (NYSE: BRCC) closed at $3.05 in the last session, down -4.39% from day before closing price of $3.19. In other words, the price has decreased by -$4.39 from its previous closing price. On the day, 0.66 million shares were traded. BRCC stock price reached its highest trading level at $3.25 during the session, while it also had its lowest trading level at $3.03.
Ratios:
We take a closer look at BRCC’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 84.88 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 70.74. For the most recent quarter (mrq), Quick Ratio is recorded 0.58 and its Current Ratio is at 1.14. In the meantime, Its Debt-to-Equity ratio is 6.70 whereas as Long-Term Debt/Eq ratio is at 5.39.
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:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. 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:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, BRCC now has a Market Capitalization of 246489728 and an Enterprise Value of 363823072. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.60 while its Price-to-Book (P/B) ratio in mrq is 16.22. Its current Enterprise Value per Revenue stands at 0.898 whereas that against EBITDA is -1404.722.
Stock Price History:
The Beta on a monthly basis for BRCC is 1.11, which has changed by -0.21813726 over the last 52 weeks, in comparison to a change of 0.24933672 over the same period for the S&P500. Over the past 52 weeks, BRCC has reached a high of $7.14, while it has fallen to a 52-week low of $2.78. The 50-Day Moving Average of the stock is -0.20%, while the 200-Day Moving Average is calculated to be -28.75%.
Shares Statistics:
According to the various share statistics, BRCC traded on average about 706.51K shares per day over the past 3-months and 751210 shares per day over the past 10 days. A total of 77.27M shares are outstanding, with a floating share count of 73.88M. Insiders hold about 5.31% of the company’s shares, while institutions hold 51.58% stake in the company. Shares short for BRCC as of 1734048000 were 8967671 with a Short Ratio of 12.69, compared to 1731628800 on 9175429. Therefore, it implies a Short% of Shares Outstanding of 8967671 and a Short% of Float of 14.34.
