Key Highlights

  • Up 15.74 per cent over one week, the strongest short-term move of the eight names.
  • The only Neutral overall technical rating in the group, with Buy on moving averages and Sell on oscillators.
  • Trades at 120.79 times trailing earnings, the highest multiple in the group.

Technical position

RSI 14 reads 59.61 with the Commodity Channel index at 128.49 and the stochastic at 91.25 on %K against 93.09 on %D, the second most extended stochastic reading in its peer group and one where the slower line sits above the faster one. Momentum over ten periods at 0.89 and the Awesome Oscillator at 0.86 are both toward the upper end of the group. The Moving Average rating reads Buy while the oscillator rating reads Sell, producing the only Neutral overall technical rating among the eight. The 21-period exponential moving average holds above the 50-period average.

Fundamental snapshot

Black Rock Coffee Bar sits in consumer services with a Market Capitalisation of USD 456.66 million. The shares last traded at USD 9.12, down 0.33 per cent on the session. Trailing diluted Earnings per share of USD 0.08 gives a price to earnings ratio of 120.79, the highest in its peer group. No Dividend is paid. Analyst consensus reads Buy. Turnover of 170,070 shares is among the thinnest of the eight and is running below its recent average.

Price performance

The stock is up 15.74 per cent over one week, 12.87 per cent over one month and 8.19 per cent over three months. Longer windows are weaker, down 30.17 per cent over six months, 59.14 per cent year to date and 65.58 per cent over one year, with the same 65.58 per cent figure carried across the all time column. One month Volatility reads 7.28 per cent.

This article is general information only and does not take into account any individual objectives, financial situation or needs. It is not a recommendation to buy, sell or hold any security. All details are as stated in the company announcement or third party research referenced and are subject to change. Past performance is not a reliable indicator of future performance. Investors should consider the appropriateness of any information having regard to their own circumstances and seek independent financial advice before making any financial decision.