Baker Steel Resources (LON:BSRT) Releases Quarterly Earnings Results

Key Points

• Baker Steel Resources reported a quarterly earnings per share (EPS) of GBX (0.63) with a remarkable return on equity of 134.51%, despite a negative net margin of 4,723.70%.
• The company’s stock price decreased by 1.5% to GBX 66.75, with a trading volume of 269,533 shares, exceeding its average volume of 99,805.
• Shore Capital has maintained a "house stock" rating for Baker Steel Resources, reflecting ongoing analyst interest despite the recent stock performance.

Baker Steel Resources (LON:BSRT - Get Free Report) issued its earnings results on Tuesday. The company reported GBX (0.63) earnings per share (EPS) for the quarter, Digital Look Earnings reports. Baker Steel Resources had a positive return on equity of 134.51% and a negative net margin of 4,723.70%.

Baker Steel Resources Stock Down 1.5%

BSRT stock traded down GBX 1 during trading on Tuesday, reaching GBX 66.75. 269,533 shares of the company's stock were exchanged, compared to its average volume of 99,805. Baker Steel Resources has a 1-year low of GBX 43 and a 1-year high of GBX 70. The company's fifty day moving average price is GBX 66.52 and its 200-day moving average price is GBX 59.61. The firm has a market cap of £71.06 million and a PE ratio of 533.57.

Analysts Set New Price Targets

Separately, Shore Capital reissued a "house stock" rating on shares of Baker Steel Resources in a report on Wednesday, July 2nd.

About Baker Steel Resources

Baker Steel Resources Trust Ltd. is a fund of Baker Steel Capital Managers LLP.

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