Atlanta Braves (OTCMKTS:BATRB) Stock Price Up 8.6% - Here's What Happened

Key Points

• Atlanta Braves Holdings, Inc. experienced an 8.6% increase in stock price during mid-day trading, reaching $57.00, which was a substantial increase from the previous closing price of $52.50.
• The trading volume soared to 244 shares, representing a 1,222% increase compared to the average session volume of 18 shares.
• In its latest quarterly earnings report, the company reported $0.46 EPS and $312.44 million in revenue for the quarter ending August 7th.

Atlanta Braves Holdings, Inc. (OTCMKTS:BATRB - Get Free Report) shares shot up 8.6% during mid-day trading on Friday . The company traded as high as $57.00 and last traded at $57.00. 244 shares traded hands during trading, an increase of 1,222% from the average session volume of 18 shares. The stock had previously closed at $52.50.

Atlanta Braves Trading Up 8.6%

The business's 50-day simple moving average is $55.02 and its two-hundred day simple moving average is $56.74. The firm has a market cap of $3.58 billion, a price-to-earnings ratio of -162.86 and a beta of 0.32.

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

About Atlanta Braves

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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