BRC Inc (NYSE: BRCC) is -73.98% lower on its value in year-to-date trading and has touched a low of $1.19 and a high of $6.23 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 0.02%.
Currently trading at $1.59, the stock is 7.14% and -9.82% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.38 million and changing 1.27% at the moment leaves the stock -37.68% off its SMA200. BRCC registered -49.84% loss for a year compared to 6-month loss of -48.71%. The firm has a 50-day simple moving average (SMA 50) of $1.7632 and a 200-day simple moving average (SMA200) of $2.5513.
The stock witnessed a -5.92% gain in the last 1 month and extending the period to 3 months gives it a -24.64%, and is 28.23% up 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 9.85% over the week and 6.83% over the month.
BRC Inc (BRCC) has around 551 employees, a market worth around $343.10M and $383.07M in sales. Profit margin for the company is -1.67%. Distance from 52-week low is 33.61% and -74.48% from its 52-week high. The company has generated returns on investments over the last 12 months (-6.02%).
with sales reaching $91.78M over the same period.The EPS is expected to shrink by -18.75% this year, but quarterly earnings will post 4.07% year-over-year. Quarterly sales are estimated to grow 3.10% in year-over-year returns.
182.0 institutions hold shares in BRC Inc (BRCC), with institutional investors hold 64.38% of the company’s shares. The shares outstanding are 78.61M, and float is at 75.87M with Short Float at 8.60%. Institutions hold 50.30% of the Float.
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
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).
