Maxim Group Reiterates “Buy” Rating for Barfresh Food Group (NASDAQ:BRFH)

Barfresh Food Group (NASDAQ:BRFH – Get Rating)‘s stock had its “buy” rating reissued by equities research analysts at Maxim Group in a note issued to investors on Friday, Marketbeat.com reports.

Separately, Zacks Investment Research raised shares of Barfresh Food Group from a “sell” rating to a “hold” rating in a research report on Wednesday.

NASDAQ BRFH traded down $0.04 on Friday, hitting $6.76. 2,587 shares of the stock were exchanged, compared to its average volume of 5,736. The business has a fifty day simple moving average of $6.53. Barfresh Food Group has a 52 week low of $3.12 and a 52 week high of $13.38.

Barfresh Food Group (NASDAQ:BRFH – Get Rating) last issued its earnings results on Thursday, April 28th. The company reported ($0.07) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.06) by ($0.01). Barfresh Food Group had a negative return on equity of 19.39% and a negative net margin of 18.90%. As a group, sell-side analysts expect that Barfresh Food Group will post -0.06 EPS for the current fiscal year.

About Barfresh Food Group (Get Rating)

Barfresh Food Group, Inc manufactures and distributes ready-to-drink and ready-to-blend frozen beverages in the United States. The company offers smoothies, shakes and frappes in various formats comprising ready-to-drink bottled, easy pour, juice concentrates, and single serve. The company was founded in 2009 and is based in Los Angeles, California.

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