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

Baker Steel Resources (LON:BSRTGet Free Report) issued its earnings results on Thursday. The company reported GBX (0.71) EPS for the quarter, Digital Look Earnings reports. Baker Steel Resources had a positive return on equity of 39.24% and a negative net margin of 5,766.38%.

Baker Steel Resources Stock Performance

Shares of LON:BSRT traded down GBX 2 during midday trading on Thursday, hitting GBX 139. The company’s stock had a trading volume of 50,084 shares, compared to its average volume of 266,547. The company has a market cap of £146.28 million, a P/E ratio of 2.93 and a beta of 1.00. Baker Steel Resources has a 12-month low of GBX 66 and a 12-month high of GBX 143. The business’s 50 day simple moving average is GBX 134.01 and its 200 day simple moving average is GBX 127.44.

Analysts Set New Price Targets

Separately, Shore Capital Group restated a “house stock” rating on shares of Baker Steel Resources in a research report on Friday, September 4th.

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Baker Steel Resources Company Profile

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

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