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Atlanta Braves (OTCMKTS:BATRB) Shares Gap Down - Should You Sell?

Atlanta Braves logo with Consumer Discretionary background

Key Points

  • Atlanta Braves Holdings, Inc. shares gapped down by 12.5%, opening at $52.50 after closing at $59.99.
  • The company reported earnings of $0.46 per share for the last quarter with revenue of $312.44 million.
  • Atlanta Braves Holdings, Inc. operates both the Atlanta Braves Major League Baseball club and various mixed-use developments.
  • MarketBeat previews top five stocks to own in October.

Atlanta Braves Holdings, Inc. (OTCMKTS:BATRB - Get Free Report) shares gapped down prior to trading on Thursday . The stock had previously closed at $59.99, but opened at $52.50. Atlanta Braves shares last traded at $52.50, with a volume of 106 shares changing hands.

Atlanta Braves Trading Down 12.5%

The company has a 50 day moving average price of $57.94 and a 200-day moving average price of $57.88. The company has a market cap of $3.29 billion, a P/E ratio of -150.00 and a beta of 0.31.

Atlanta Braves (OTCMKTS:BATRB - Get Free Report) last issued its quarterly earnings results on Thursday, August 7th. The company reported $0.46 earnings per share (EPS) for the quarter. The business had revenue of $312.44 million during the quarter.

About Atlanta Braves

(Get Free Report)

Atlanta Braves Holdings, Inc owns and operates the Atlanta Braves Major league baseball club. It also operates mixed-use development project, including retail, office, hotel, and entertainment projects. The company was incorporated in 2022 and is based in Englewood, Colorado.

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