Global Brass and Copper Holdings, Inc. (NYSE:BRSS) has obtained a mean price target of $31.0000 by market experts. The research group First Call has reached this mean recommendation by taking into account the recommendations of leading analysts in the market. These market experts have disclosed projected earnings of $0.4400 a share for the near-term quarter and $2.3400 for this year.
The technical analysis of Global Brass and Copper Holding clearly shows that the moving average of 50-days of Global Brass and Copper Holdings, Inc. (NYSE:BRSS) stock is $28.2174, and is trading $-0.0076 points away or -0.0269% from its 50-day moving average of $28.2174. Further it is trading $2.5660 or +10.0063% away its 200-day moving average of $25.6438.
The 52-week high of Global Brass and Copper Holdings, Inc. (NYSE:BRSS) was $30.7800 while $17.4400 is the low in the same period. This state Global Brass and Copper Holding shares price has to travel more than $-2.5702 to register a new high of 52-weeks or drop +61.7534% to touch a new 52-week low point. MA here stands for moving average.
Taking the valuation aspect to reach the estimation of Global Brass and Copper Holding, investors use price-to-earnings ratio, which is truncated as P/E ratio. It assesses shares price by the relative expense of the stock. Global Brass and Copper Holdings, Inc. (NYSE:BRSS) ratio came in at 19.5494, which was derived by dividing current price of stock by yearly earnings. Global Brass and Copper Holding stock recorded a close of $28.2098 in last trading session, reaching a market cap of $609.11M.
Investors calculate the Price-to-Earnings-Growth ratio to get a clear view on the valuation of a firm. In the case of a higher PEG ratio, the shareholders look to sell their stock holdings. The undervalued stock has a PEG ratio of 0 or 1 while the fairly valued stock has the ratio of 1 and 2. The Global Brass and Copper Holdings, Inc. (NYSE:BRSS) PEG ratio is at 1.2000.
1 Chart Pattern Every Investor Should Know
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