Barfresh Food Group (NASDAQ:BRFH) Shares Pass Above 200 Day Moving Average of $1.41

Barfresh Food Group, Inc. (NASDAQ:BRFHGet Free Report) shares crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $1.41 and traded as high as $1.61. Barfresh Food Group shares last traded at $1.50, with a volume of 11,126 shares traded.

Barfresh Food Group Trading Down 8.0 %

The stock has a 50-day simple moving average of $1.46 and a 200 day simple moving average of $1.41. The company has a market cap of $22.08 million, a price-to-earnings ratio of -8.33 and a beta of 0.28.

Barfresh Food Group (NASDAQ:BRFHGet Free Report) last issued its quarterly earnings results on Wednesday, May 15th. The company reported ($0.03) EPS for the quarter, topping analysts’ consensus estimates of ($0.05) by $0.02. The company had revenue of $2.83 million during the quarter, compared to analysts’ expectations of $2.20 million. Barfresh Food Group had a negative return on equity of 121.51% and a negative net margin of 26.71%. As a group, research analysts forecast that Barfresh Food Group, Inc. will post -0.06 EPS for the current fiscal year.

Hedge Funds Weigh In On Barfresh Food Group

A hedge fund recently bought a new stake in Barfresh Food Group stock. Mesirow Financial Investment Management Inc. purchased a new stake in Barfresh Food Group, Inc. (NASDAQ:BRFHFree Report) in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 22,321 shares of the company’s stock, valued at approximately $27,000. Mesirow Financial Investment Management Inc. owned approximately 0.15% of Barfresh Food Group as of its most recent SEC filing. Institutional investors and hedge funds own 22.66% of the company’s stock.

Barfresh Food Group Company Profile

(Get Free Report)

Barfresh Food Group, Inc, together with its subsidiaries, manufactures and distributes ready-to-drink and ready-to-blend frozen beverages in the United States. It offers smoothies, shakes and frappes in various formats comprising ready-to-drink smoothie, easy pour, juice concentrates, and single serve.

Further Reading

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