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Atlanta Braves (OTCMKTS:BATRB) Shares Gap Down - Time to Sell?

Atlanta Braves logo with Consumer Discretionary background

Key Points

  • Atlanta Braves Holdings, Inc. shares gapped down significantly, opening at $57.00 after closing at $62.75, indicating potential selling pressure.
  • The company reported an earnings per share (EPS) of $0.46 and revenue of $312.44 million for the recent quarter, reflecting its financial performance.
  • Atlanta Braves Holdings operates the Atlanta Braves Major League Baseball club and is involved in mixed-use development projects, showcasing its diverse business model.
  • Want stock alerts on Atlanta Braves? Get 5 Weeks of MarketBeat All Access for $5. Get My Stock Alerts.

Atlanta Braves Holdings, Inc. (OTCMKTS:BATRB - Get Free Report) shares gapped down before the market opened on Wednesday . The stock had previously closed at $62.75, but opened at $57.00. Atlanta Braves shares last traded at $57.00, with a volume of 100 shares.

Atlanta Braves Price Performance

The company has a market cap of $3.53 billion, a price-to-earnings ratio of -162.86 and a beta of 0.34. The business's 50-day simple moving average is $56.78 and its 200-day simple moving average is $59.30.

Atlanta Braves (OTCMKTS:BATRB - Get Free Report) last announced its 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 for 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.

Further Reading

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

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