What’s Propelling Brick Brewing Co. Limited to Decline So Much?

 What's Propelling Brick Brewing Co. Limited to Decline So Much?

The stock of Brick Brewing Co. Limited (TSE:BRB) is a huge mover today! About 23,928 shares traded hands. Brick Brewing Co. Limited (TSE:BRB) has risen 26.82% since April 8, 2016 and is uptrending. It has outperformed by 21.84% the S&P500.
The move comes after 6 months negative chart setup for the $90.79M company. It was reported on Nov, 14 by Barchart.com. We have $2.29 PT which if reached, will make TSE:BRB worth $12.71 million less.

Brick Brewing Co. Limited (TSE:BRB) Ratings Coverage

Out of 2 analysts covering Brick Brewing Co (TSE:BRB), 2 rate it a “Buy”, 0 “Sell”, while 0 “Hold”. This means 100% are positive. Brick Brewing Co has been the topic of 3 analyst reports since December 11, 2015 according to StockzIntelligence Inc. The stock of Brick Brewing Co. Limited (TSE:BRB) earned “Buy” rating by Paradigm Research on Tuesday, May 24.

More recent Brick Brewing Co. Limited (TSE:BRB) news were published by: Theglobeandmail.com which released: “Contra Guys: Why we think Brick Brewing has at least 40% upside” on July 08, 2015. Also Fool.ca published the news titled: “Why You Don’t Want to Ignore This $2 Stock” on June 14, 2016. Marketwired.com‘s news article titled: “Brick Brewing Reports Record EBITDA for Fiscal 2016” with publication date: April 07, 2016 was also an interesting one.

Brick Brewing Co. Limited is a Canada brewery. The company has a market cap of $90.79 million. The Firm operates through the segment, which involves in the production, distribution and sale of alcohol products. It has a 27.47 P/E ratio. It produces, sells, markets and distributes packaged and draft beer under the Waterloo brand name, and value beer under the Laker, Red Baron, Red Cap and Formosa brand names .

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