BrilliA (NYSEAMERICAN:BRIA) Shares Down 5.4% – Here’s What Happened

BrilliA Inc (NYSEAMERICAN:BRIAGet Free Report)’s share price fell 5.4% during trading on Wednesday . The company traded as low as $1.26 and last traded at $1.40. Approximately 23,110 shares changed hands during mid-day trading, an increase of 612% from the average daily volume of 3,245 shares. The stock had previously closed at $1.48.

BrilliA Trading Down 4.0%

The business has a fifty day moving average of $1.39 and a 200-day moving average of $1.60. The company has a debt-to-equity ratio of 0.07, a current ratio of 2.23 and a quick ratio of 1.62.

BrilliA (NYSEAMERICAN:BRIAGet Free Report) last released its quarterly earnings data on Friday, July 31st. The company reported ($0.01) earnings per share for the quarter.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in BrilliA stock. Virtu Financial LLC acquired a new stake in shares of BrilliA Inc (NYSEAMERICAN:BRIAFree Report) during the 3rd quarter, according to its most recent 13F filing with the SEC. The firm acquired 14,875 shares of the company’s stock, valued at approximately $31,000.

BrilliA Company Profile

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BrilliA Inc engages in the design, development and manufacturing of residential and commercial ventilation and range hood systems. The company’s core product line includes ducted and ductless range hoods, ceiling-mounted and wall-mounted ventilation fans, heat sensors, remote controls and a variety of grille and lighting accessories. BrilliA focuses on combining innovative airflow technology with modern design elements to address both new construction and retrofit applications.

In addition to its ventilation business, BrilliA offers a selection of complementary home improvement products that enhance indoor air quality and kitchen functionality.

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