Bullfrog AI (NASDAQ:BFRG) Shares Up 4.2% – Here’s Why

Shares of Bullfrog AI Holdings Inc. (NASDAQ:BFRG) shot up 4.2% on Monday . The stock traded as high as $0.6498 and last traded at $0.6208. 72,468 shares changed hands during mid-day trading, a decline of 73% from the average session volume of 263,558 shares. The stock had previously closed at $0.5960.

Analyst Ratings Changes

Separately, Weiss Ratings restated a “sell (e+)” rating on shares of Bullfrog AI in a report on Wednesday, January 21st. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat.com, Bullfrog AI presently has an average rating of “Sell”.

Bullfrog AI Stock Performance

The company has a market capitalization of $7.08 million, a price-to-earnings ratio of -0.90 and a beta of 0.69. The company has a fifty day simple moving average of $0.62 and a two-hundred day simple moving average of $0.99.

Hedge Funds Weigh In On Bullfrog AI

A hedge fund recently bought a new stake in Bullfrog AI stock. Anson Funds Management LP bought a new position in shares of Bullfrog AI Holdings Inc. (NASDAQ:BFRG) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 80,750 shares of the company’s stock, valued at approximately $113,000. Anson Funds Management LP owned 0.79% of Bullfrog AI at the end of the most recent quarter. Institutional investors own 0.96% of the company’s stock.

Bullfrog AI Company Profile

Bullfrog AI, Inc (NASDAQ: BFRG) is a technology company specializing in AI-driven knowledge management and enterprise search solutions. The firm offers a cloud-native platform designed to help organizations surface, organize and analyze unstructured data across multiple sources. By leveraging machine learning, natural language processing and knowledge graph techniques, Bullfrog AI enables users to discover relevant insights from documents, emails, databases and other repositories in real time.

The company’s flagship product is the Bullfrog Enterprise Intelligence Platform, which combines semantic search, contextual relevance ranking and generative AI capabilities.