Better Choice (NASDAQ:BTTR) Stock Price Down 0.8%

Better Choice Company Inc. (NASDAQ:BTTR)’s stock price dropped 0.8% on Friday . The stock traded as low as $6.25 and last traded at $6.45. Approximately 6,601 shares traded hands during mid-day trading, a decline of 97% from the average daily volume of 210,138 shares. The stock had previously closed at $6.50.

Better Choice Stock Down 2.4 %

The firm has a market cap of $5.65 million, a P/E ratio of -0.20 and a beta of 0.52. The firm’s fifty day moving average is $6.67 and its two-hundred day moving average is $9.63.

Better Choice (NASDAQ:BTTR) last released its quarterly earnings results on Friday, April 12th. The company reported ($6.51) earnings per share for the quarter. The company had revenue of $5.70 million during the quarter. Better Choice had a negative net margin of 59.00% and a negative return on equity of 95.23%.

Institutional Trading of Better Choice

A hedge fund recently bought a new stake in Better Choice stock. Cantor Fitzgerald L. P. bought a new stake in shares of Better Choice Company Inc. (NASDAQ:BTTR) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund bought 95,000 shares of the company’s stock, valued at approximately $26,000. Cantor Fitzgerald L. P. owned approximately 0.30% of Better Choice at the end of the most recent quarter. 12.64% of the stock is currently owned by institutional investors and hedge funds.

About Better Choice

Better Choice Company Inc operates as an animal health and wellness company. Its products portfolio includes naturally formulated kibble and canned dog and cat foods, freeze-dried raw dog foods and treats, vegan dog foods and treats, oral care products and supplements, as well as toppers, dental products, chews, and grooming products.