Jul. 25 at 4:23 PM
$BRID last time the stock was at
$36 was in August of 2019. Back then, the company had sales of
$189 million, a gross profit margin of 32.66% and SG&A expenses of 27.98% of sales. Earnings were
$6,443,960 for the year (.71 eps). Today, they have a much cleaner balance sheet, significantly higher sales and a state-of-the-art meat processing plant in operation, yet their market cap has cratered nearly 80% since then. Exploit this inefficiency ana efficient market.