65,171 Shares in BranchOut Food Inc. (NASDAQ:BOF) Purchased by Citadel Advisors LLC

Citadel Advisors LLC acquired a new position in BranchOut Food Inc. (NASDAQ:BOF) during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 65,171 shares of the company’s stock, valued at approximately $112,000. Citadel Advisors LLC owned 0.83% of BranchOut Food as of its most recent SEC filing.

Separately, Renaissance Technologies LLC bought a new position in BranchOut Food in the 4th quarter valued at about $26,000. 2.59% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Separately, Wall Street Zen upgraded shares of BranchOut Food from a “sell” rating to a “hold” rating in a research report on Thursday, May 22nd.

BranchOut Food Stock Performance

NASDAQ:BOF opened at $2.18 on Tuesday. BranchOut Food Inc. has a twelve month low of $0.61 and a twelve month high of $4.11. The company has a current ratio of 1.27, a quick ratio of 0.95 and a debt-to-equity ratio of 1.00. The company has a 50-day moving average of $1.98 and a 200-day moving average of $1.97. The firm has a market cap of $20.90 million, a price-to-earnings ratio of -2.10 and a beta of 0.24.

BranchOut Food (NASDAQ:BOF) last posted its quarterly earnings data on Thursday, May 15th. The company reported ($0.11) earnings per share for the quarter. BranchOut Food had a negative net margin of 72.96% and a negative return on equity of 255.53%.

BranchOut Food Profile

BranchOut Food Inc develops, markets, sells, and distributes plant-based dehydrated fruit and vegetable snacks, and powders in the United States. The company offers dehydrated fruit and vegetable-based snacks, including avocado chips, chewy banana bites, pineapple chips, brussels sprout crisps, and bell pepper crisps; avocado, banana, and blueberry powders; and industrial ingredients, such as bulk avocado powder, dried avocado pieces, and other fruit powders/pieces.