Brilliant Earth Group, Inc. (NASDAQ:BRLT – Get Free Report) shares passed below its 50-day moving average during trading on Monday. The stock has a 50-day moving average of $1.44 and traded as low as $1.36. Brilliant Earth Group shares last traded at $1.36, with a volume of 206,045 shares changing hands.
Analyst Ratings Changes
BRLT has been the subject of several research reports. Weiss Ratings raised Brilliant Earth Group from a “sell (d)” rating to a “sell (d+)” rating in a report on Thursday, August 13th. Jefferies Financial Group reissued a “hold” rating and issued a $1.40 price objective on shares of Brilliant Earth Group in a research report on Thursday. Seven equities research analysts have rated the stock with a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, Brilliant Earth Group presently has a consensus rating of “Reduce” and a consensus target price of $1.62.
Get Our Latest Report on Brilliant Earth Group
Brilliant Earth Group Stock Performance
The business has a fifty day simple moving average of $1.44 and a 200 day simple moving average of $1.34. The stock has a market capitalization of $138.48 million, a price-to-earnings ratio of -5.23 and a beta of 1.47.
Brilliant Earth Group (NASDAQ:BRLT – Get Free Report) last posted its earnings results on Thursday, November 5th. The company reported $0.03 earnings per share for the quarter, topping analysts’ consensus estimates of $0.02 by $0.01. The company had revenue of $112.81 million during the quarter, compared to the consensus estimate of $110.15 million. Brilliant Earth Group had a negative return on equity of 15.48% and a negative net margin of 0.66%. On average, sell-side analysts forecast that Brilliant Earth Group, Inc. will post 0.02 earnings per share for the current fiscal year.
Brilliant Earth Group Company Profile
Brilliant Earth Group, Inc is a digitally focused fine jewelry company that designs and sells engagement rings, wedding bands, fine jewelry, and related accessories. Its products include natural and lab-grown diamonds, gemstones, recycled precious metals, and customizable jewelry designs.
The company operates through an e-commerce platform supported by showrooms and appointments, allowing customers to research, design, and purchase jewelry online or through in-person consultations. Brilliant Earth emphasizes product transparency and sourcing, including diamond origin information and options intended to support responsible sourcing practices.
Brilliant Earth was founded in 2005 by Beth Gerstein and Eric Grossberg and has expanded its presence across the United States through its digital platform and showroom network.
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