Waterloo Brewing (TSE:BRB) Share Price Crosses Above Two Hundred Day Moving Average – Here’s Why

Shares of Waterloo Brewing Company (TSE:BRB) crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$0.00 and traded as high as C$3.61. Waterloo Brewing shares last traded at C$3.61, with a volume of 405 shares traded.

Waterloo Brewing Price Performance

The company has a quick ratio of 0.42, a current ratio of 1.05 and a debt-to-equity ratio of 71.58. The stock has a 50 day moving average price of C$3.61. The stock has a market capitalization of C$127.78 million and a P/E ratio of 41.98.

Waterloo Brewing Company Profile

Brick Brewing Co Limited produces, sells, markets, and distributes packaged and draft premium beer under the Waterloo brand name, and value beer under the Laker and Red Cap brands primarily in Ontario, Atlantic Canada, Western Canada, and the United States. The company also produces, sells, markets, and distributes coolers and ciders under the Seagram Coolers brand, as well as offers various beer products under the licensed President's Choice trademark.