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Boston Beer Company Stock Slides By 16% In The Last 5 Sessions

ViaNews Editorial Team

February 20, 2023

Boston Beer Company Stock Slides By 16% In The Last 5 Sessions

(VIANEWS) - Shares of Boston Beer Company (NYSE: SAM) fell by a staggering 16.26% in 5 sessions from $392.93 to $329.04 at 10:26 EST on Monday, after four sequential sessions in a row of losses. NYSE is falling 0.21% to $15,840.16, after four successive sessions in a row of losses.

Boston Beer Company's last close was $329.04, 22.17% under its 52-week high of $422.75.

About Boston Beer Company

The Boston Beer Company, Inc. produces and sells alcohol beverages primarily in the United States. The company's flagship beer is Samuel Adams Boston Lager. It offers various beers, hard ciders, and hard seltzers under the Samuel Adams, Twisted Tea, Truly Hard Seltzer, Angry Orchard, Dogfish Head, Angel City, Coney Island, Concrete Beach brand names. The company markets and sells its products to a network of approximately 400 wholesalers in the United States, as well as international wholesalers, importers, or other agencies that in turn sell to retailers, such as grocery stores, club stores, convenience stores, liquor stores, bars, restaurants, stadiums, and other retail outlets. It also sells in products in Canada, Europe, Israel, Australia, New Zealand, the Caribbean, the Pacific Rim, Mexico, and Central and South America. The Boston Beer Company, Inc. was founded in 1984 and is based in Boston, Massachusetts.

Earnings Per Share

As for profitability, Boston Beer Company has a trailing twelve months EPS of $19.29.

PE Ratio

Boston Beer Company has a trailing twelve months price to earnings ratio of 17.06. Meaning, the purchaser of the share is investing $17.06 for every dollar of annual earnings.

The company's return on equity, which measures the profitability of a business relative to shareholder's equity, for the twelve trailing months is 2.56%.

More news about Boston Beer Company (SAM).

ViaNews Editorial Team

Via News Editorial Team delivers comprehensive financial news coverage and market analysis from journalists around the world. Our team specializes in data journalism and in-depth reporting on stock markets, business developments, and economic trends.

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