BRC Inc [NYSE: BRCC] plunged by -$0.61 during the normal trading session on while it closed the day at $1.76.
BRC Inc stock has also loss -23.48% of its value over the past 7 days. However, BRCC stock has declined by -35.29% in the 3 months of the year. Over the past six months meanwhile, it has lost -43.77% and lost -44.48% year-on date.
The market cap for BRCC stock reached $375.14 million, with 78.61 million shares outstanding and 74.02 million shares in the current float. Compared to the average trading volume of 601.55K shares, BRCC reached a trading volume of 3401121 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say about BRC Inc [BRCC]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for BRCC shares is $3.00 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on BRCC stock is a recommendation set at 1.80. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Telsey Advisory Group have made an estimate for BRC Inc shares, keeping their opinion on the stock as Outperform, with their previous recommendation back on August 09, 2024. While these analysts kept the previous recommendation, ROTH MKM dropped their target price from $8 to $4. The new note on the price target was released on August 09, 2024, representing the official price target for BRC Inc stock.
The Average True Range (ATR) for BRC Inc is set at 0.14, with the Price to Sales ratio for BRCC stock in the period of the last 12 months amounting to 0.98. The Price to Book ratio for the last quarter was 12.38, with the Price to Cash per share for the same quarter was set at 0.02.
BRCC stock trade performance evaluation
BRC Inc [BRCC] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -23.48. With this latest performance, BRCC shares dropped by -12.00% in over the last four-week period, additionally sinking by -43.77% over the last 6 months – not to mention a drop of -52.43% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for BRCC stock in for the last two-week period is set at 30.89, with the RSI for the last a single of trading hit 25.26, and the three-weeks RSI is set at 34.27 for BRC Inc [BRCC]. The present Moving Average for the last 50 days of trading for this stock 2.17, while it was recorded at 2.19 for the last single week of trading, and 3.12 for the last 200 days.
BRC Inc [BRCC]: An insightful look at the core fundamentals
BRC Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.61 and a Current Ratio set at 1.30.
BRC Inc [BRCC]: Institutional Ownership
The top three institutional holders of BRCC stocks are: ENGAGED CAPITAL LLC with ownership of 12.85 million shares, which is approximately 18.8406%. VANGUARD GROUP INC, holding 4.59 million shares of the stock with an approximate value of $$28.16 million in BRCC stocks shares; and VANGUARD GROUP INC, currently with $$19.25 million in BRCC stock with ownership which is approximately 4.6038%.
