Market Resilience: BRC Inc (BRCC) Finishes Weak at 3.24, Down -2.70

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BRC Inc (NYSE: BRCC) closed the day trading at $3.24 down -2.70% from the previous closing price of $3.33. In other words, the price has decreased by -$2.70 from its previous closing price. On the day, 0.53 million shares were traded. BRCC stock price reached its highest trading level at $3.315 during the session, while it also had its lowest trading level at $3.174.

Ratios:

For a better understanding of BRCC, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 23.20 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 372.76. For the most recent quarter (mrq), Quick Ratio is recorded 0.59 and its Current Ratio is at 1.07. In the meantime, Its Debt-to-Equity ratio is 6.76 whereas as Long-Term Debt/Eq ratio is at 5.65.

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:

The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Sep 13 ’24 when Welling Glenn W. bought 684,542 shares for $3.17 per share. The transaction valued at 2,169,998 led to the insider holds 13,535,560 shares of the business.

Hafer Evan sold 1,000,000 shares of BRCC for $3,170,000 on Sep 13 ’24. The Director now owns 0 shares after completing the transaction at $3.17 per share. On Sep 12 ’24, another insider, DAVIN THOMAS E, who serves as the Director of the company, sold 234,865 shares for $3.26 each. As a result, the insider received 766,693 and left with 0 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 228870368 and an Enterprise Value of 356967520. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.57 while its Price-to-Book (P/B) ratio in mrq is 15.21. Its current Enterprise Value per Revenue stands at 0.876 whereas that against EBITDA is -43.044.

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 $2.51. The 50-Day Moving Average of the stock is -20.24%, while the 200-Day Moving Average is calculated to be -29.27%.

Shares Statistics:

Over the past 3-months, BRCC traded about 1.14M shares per day on average, while over the past 10 days, BRCC traded about 549230 shares per day. A total of 71.33M shares are outstanding, with a floating share count of 66.78M. Insiders hold about 6.38% of the company’s shares, while institutions hold 60.61% stake in the company. Shares short for BRCC as of 1726185600 were 8728685 with a Short Ratio of 7.69, compared to 1723680000 on 7835066. Therefore, it implies a Short% of Shares Outstanding of 8728685 and a Short% of Float of 15.619999000000002.

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