Functional Brands (NASDAQ:MEHA) Shares Up 2.1% – What’s Next?

Shares of Functional Brands Inc. (NASDAQ:MEHA) shot up 2.1% during trading on Monday . The stock traded as high as $0.22 and last traded at $0.2030. 598,258 shares were traded during mid-day trading, a decline of 14% from the average session volume of 696,142 shares. The stock had previously closed at $0.1988.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on the stock. Wall Street Zen upgraded shares of Functional Brands to a “hold” rating in a research report on Friday, November 21st. Weiss Ratings began coverage on Functional Brands in a research note on Monday, February 2nd. They set a “sell (e-)” rating for the company. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the stock has an average rating of “Sell”.

Functional Brands Stock Performance

The company’s 50 day simple moving average is $0.25. The stock has a market cap of $3.31 million and a PE ratio of 5.08. The company has a debt-to-equity ratio of 0.66, a current ratio of 0.74 and a quick ratio of 0.44.

Functional Brands (NASDAQ:MEHA) last released its quarterly earnings results on Monday, December 15th. The company reported $0.04 EPS for the quarter. The firm had revenue of $1.69 million for the quarter.

Functional Brands Company Profile

Our company operates in the nutraceutical supplement industry. We are a manufacturer and distributor of supplements in categories such as pain, energy, prenatal, general health, bone and joint, gastro, immunity, cardiac, detox, mental clarity & focus, sleep, prenatal and urinary. Our end markets focus on end-consumers through different channels that include pharmacies, US wholesalers, international distributors and direct-to-consumers sales. Our products are sold over the counter, and consumers do not need a prescription to purchase our products.