BranchOut Food (NASDAQ:BOF) Earns “Sell (E+)” Rating from Weiss Ratings

BranchOut Food (NASDAQ:BOF)‘s stock had its “sell (e+)” rating restated by analysts at Weiss Ratings in a report issued on Tuesday,Weiss Ratings reports.

Separately, Wall Street Zen lowered BranchOut Food from a “hold” rating to a “sell” rating in a report on Saturday, August 16th. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company has an average rating of “Sell”.

BranchOut Food Trading Up 1.5%

Shares of BOF opened at $2.09 on Tuesday. BranchOut Food has a 52-week low of $1.52 and a 52-week high of $3.10. The company has a quick ratio of 0.81, a current ratio of 1.15 and a debt-to-equity ratio of 0.97. The firm’s fifty day moving average is $2.18 and its two-hundred day moving average is $2.18. The stock has a market cap of $24.62 million, a PE ratio of -3.22 and a beta of 0.48.

BranchOut Food (NASDAQ:BOF) last posted its quarterly earnings results on Wednesday, August 13th. The company reported ($0.17) EPS for the quarter. BranchOut Food had a negative return on equity of 187.09% and a negative net margin of 51.87%.The company had revenue of $3.30 million for the quarter.

Institutional Trading of BranchOut Food

An institutional investor recently bought a new position in BranchOut Food stock. Evernest Financial Advisors LLC acquired a new stake in BranchOut Food Inc. (NASDAQ:BOF) during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 157,000 shares of the company’s stock, valued at approximately $386,000. Evernest Financial Advisors LLC owned 1.64% of BranchOut Food at the end of the most recent quarter. Institutional investors and hedge funds own 2.59% of the company’s stock.

BranchOut Food Company 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.