Barfresh Food Group, Inc. (NASDAQ:BRFH – Get Free Report) was the recipient of a large decrease in short interest in the month of August. As of August 15th, there was short interest totalling 49,900 shares, a decrease of 19.4% from the July 31st total of 61,900 shares. Currently, 0.8% of the company’s stock are short sold. Based on an average daily volume of 38,900 shares, the short-interest ratio is presently 1.3 days.
Barfresh Food Group Price Performance
NASDAQ:BRFH traded up $0.05 on Friday, hitting $3.60. 6,585 shares of the company’s stock were exchanged, compared to its average volume of 15,026. The firm has a 50-day moving average price of $3.61 and a 200-day moving average price of $2.22. Barfresh Food Group has a 52 week low of $1.00 and a 52 week high of $4.61. The company has a market cap of $53.10 million, a P/E ratio of -20.00 and a beta of 0.48.
Barfresh Food Group (NASDAQ:BRFH – Get Free Report) last issued its quarterly earnings results on Wednesday, August 14th. The company reported ($0.07) EPS for the quarter, missing the consensus estimate of ($0.04) by ($0.03). Barfresh Food Group had a negative return on equity of 131.72% and a negative net margin of 29.91%. The business had revenue of $1.46 million for the quarter, compared to the consensus estimate of $2.27 million. During the same period last year, the firm earned ($0.06) earnings per share. On average, research analysts expect that Barfresh Food Group will post -0.12 earnings per share for the current fiscal year.
Institutional Investors Weigh In On Barfresh Food Group
Analyst Upgrades and Downgrades
Separately, Greenridge Global raised shares of Barfresh Food Group from a “hold” rating to a “buy” rating and set a $4.50 target price for the company in a research note on Monday, August 19th.
View Our Latest Report on Barfresh Food Group
About Barfresh Food Group
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.
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