BRC Inc (NYSE: BRCC) is -48.58% lower on its value in year-to-date trading and has touched a low of $1.50 and a high of $7.14 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The BRCC stock was last observed hovering at around $1.57 in the last trading session, with the day’s gains setting it 0.06%.
Currently trading at $1.63, the stock is -22.51% and -23.00% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.34 million and changing 3.82% at the moment leaves the stock -46.74% off its SMA200. BRCC registered -60.91% loss for a year compared to 6-month loss of -50.46%.
The stock witnessed a -19.70% gain in the last 1 month and extending the period to 3 months gives it a -35.57%, and is -28.82% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 12.65% over the week and 6.28% over the month.
BRC Inc (BRCC) has around 551 employees, a market worth around $128.28M and $383.07M in sales. Profit margin for the company is -1.67%. Distance from 52-week low is 8.66% and -77.17% from its 52-week high. The company has generated returns on investments over the last 12 months (-6.02%).
The EPS is expected to shrink by -18.75% this year.
BRC Inc (BRCC) Top Institutional Holders
The shares outstanding are 78.61M, and float is at 74.11M with Short Float at 9.76%.
The top institutional shareholder in the company is ENGAGED CAPITAL LLC with over 12.85 million shares valued at $78.78 million. The investor’s holdings represent 18.8406% of the BRCC Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 4.59 million shares valued at $28.16 million to account for 6.7343 of the shares outstanding. The other top investors are BLACKROCK INC. which holds 3.14 million shares representing 4.6038% and valued at over $19.25 million, while CRESSET ASSET MANAGEMENT, LLC holds 4.3985 of the shares totaling 3.0 million with a market value of $18.39 million.
BRC Inc (BRCC) Insider Activity
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Still, SEC filings show that on Sep 13 ’24, Welling Glenn W. (Director) acquired 684,542 shares at an average price of $3.17 for $2.17 million. The insider now directly holds 13,535,560 shares of BRC Inc (BRCC).
