BRC Inc (BRCC) touched a new high 2 times within the past 5 days.

BRC Inc (NYSE:BRCC) saw a downside of -8.08% to close Friday at $3.64 after subtracting -$0.32 on the day. The 5-day average trading volume is 535,820 shares of the company’s common stock. It has gained $4.28 in the past week and touched a new high 2 times within the past 5 days. An average of 514,405 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 608,484.

BRCC’s 1-month performance is -12.29% or -$0.44 on its low of $3.58 reached on 09/22/23. The company’s shares have touched a 52-week low of $3.91 and high of $8.39, with the stock’s rally to the 52-week high happening on 02/15/23. YTD, BRCC has lost -40.43% or -$2.47 and has reached a new high 9 times. However, the current price is down -56.62% from the 52-week high price.

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Insider Transactions

BRCC stock investors last saw insider trading activity on Feb 15.Iverson Gregory James (Chief Financial Officer) most recently sold 50,000 shares at $8.03 per share on Feb 15. This transaction cost the insider $401,460.

Valuation Metrics

BRCC stock has a beta of 0.47. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 0.65 while the price-to-book (PB) in the most recent quarter is 9.96.

BRC Inc’s quick ratio for the period ended June 29 was 0.67, with the current ratio over the same period at 1.95. As well, the company’s long term debt to equity for the quarter ending June 29 was 4.93, while the total debt to equity was 5.13. In terms of profitability, the gross margin trailing 12 months is 10.93%. The firm’s gross profit as reported stood at $99.18 million against revenue of $301.31 million.

Earnings Surprise

For the quarterly period ending June 29 this year, Net income and sales went up compared to those figures reported in the previous quarter. Net income shrunk -154.37% to -$4.23 million, while revenue of -$4.8 million was -13.48% off the previous quarter. Analysts expected BRCC to announce -$0.06 per share in earnings in its latest quarter, but it posted -$0.07, representing a -16.70% surprise. EBITDA for the quarter stood at more than -$12.01 million. BRCC stock balance sheet for the quarter ending June 29 shows that total liabilities totaled 195.68 million, with total debt at $113.74 million. Shareholders hold equity totaling $211.87 million.

Let’s look briefly at BRC Inc (BRCC) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 22 September was 29.88% to suggest the stock is trending oversold, with historical volatility in this time period at 67.04%.

The stock’s 5-day moving average is $3.98, reflecting a -11.86% or -$0.49 change from its current price. BRCC is currently trading -11.65% above its 20-day SMA, -31.06% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 by -28.35% and SMA200 by-39.03%.

Stochastic %K and %D was 5.10% and 12.21% and the average true range (ATR) pointed at 0.23. The RSI (14) points at 34.47%, while the 14-day stochastic is at 4.90% with the period’s ATR at 0.22. The stock’s 9-day MACD Oscillator is pointing at -0.17 and -0.37 on the 14-day charts.