Currently, there are 78.61M common shares owned by the public and among those 74.13M shares have been available to trade.
The company’s stock has a 5-day price change of -6.60% and -30.57% over the past three months. BRCC shares are trading -41.96% year to date (YTD), with the 12-month market performance down to -66.85% lower. It has a 12-month low price of $1.48 and touched a high of $7.14 over the same period. BRCC has an average intraday trading volume of 741.08K shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by -6.00%, -10.62%, and -36.12% respectively.
Institutional ownership of BRC Inc (NYSE: BRCC) shares accounts for 52.18% of the company’s 78.61M shares outstanding.
It has a market capitalization of $392.35M and a beta (3y monthly) value of 1.06. The earnings-per-share (ttm) stands at -$0.08. Price movements for the stock have been influenced by the stock’s volatility, which stands at 3.40% over the week and 8.14% over the month.
Earnings per share for the fiscal year are expected to decrease by -18.75%, and 52.63% over the next financial year.
Looking at the support for the BRCC, a number of firms have released research notes about the stock. Telsey Advisory Group stated their Outperform rating for the stock in a research note on August 09, 2024, with the firm’s price target at $8-$6. ROTH MKM coverage for the BRC Inc (BRCC) stock in a research note released on August 09, 2024 offered a Neutral rating with a price target of $4. Needham was of a view on May 31, 2023 that the stock is Hold, while Citigroup gave the stock Neutral rating on August 02, 2022, issuing a price target of $10. Tigress Financial on their part issued Buy rating on May 26, 2022.
