Briggs & Stratton Corporation (BGG) Plunges 6.35%

Briggs & Stratton Corporation (BGG) Plunges 6.35%

Briggs & Stratton Corporation (BGG) had a rough trading day for Thursday September 26 as shares tumbled 6.35%, or a loss of $-0.38 per share, to close at $5.60. After opening the day at $5.92, shares of Briggs & Stratton Corporation traded as high as $5.97 and as low as $5.59. Volume was 607,135 shares over 3,524 trades, against an average daily volume of n/a shares and a total float of 42.02 million.

As a result of the decline, Briggs & Stratton Corporation now has a market cap of $235.32 million. In the last year, shares of Briggs & Stratton Corporation have traded between a range of $20.00 and $3.96, and its 50-day SMA is currently $n/a and 200-day SMA is $n/a.

Briggs & Stratton Corp is a producer of gasoline engines and outdoor power equipment. It operates in two segments including Engines segment and Products segment. Briggs & Stratton manufactures four-cycle aluminum alloy gasoline engines with gross horsepower ranging from 5.5hp up to 37hp and torques that range from 4.50 ft-lbs gross torque to 21.00 ft-lbs gross torque. The company’s engines are used primarily by the lawn and garden equipment industry.

Briggs & Stratton Corporation is based out of Wauwatosa, WI and has some 5,251 employees. Its CEO is Todd J. Teske.

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