Barfresh Food Group (NASDAQ:BRFH) Stock Passes Above 200-Day Moving Average of $1.46

Barfresh Food Group, Inc. (NASDAQ:BRFHGet Free Report)’s share price crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $1.46 and traded as high as $2.71. Barfresh Food Group shares last traded at $2.53, with a volume of 13,507 shares.

Barfresh Food Group Stock Performance

The company’s 50-day simple moving average is $1.75 and its 200 day simple moving average is $1.48.

Barfresh Food Group (NASDAQ:BRFHGet Free Report) last posted its earnings results on Wednesday, May 15th. The company reported ($0.03) EPS for the quarter, topping the consensus estimate of ($0.05) by $0.02. Barfresh Food Group had a negative net margin of 26.71% and a negative return on equity of 121.51%. The firm had revenue of $2.83 million for the quarter, compared to analysts’ expectations of $2.20 million. On average, sell-side analysts forecast that Barfresh Food Group, Inc. will post -0.08 earnings per share for the current year.

Institutional Investors Weigh In On Barfresh Food Group

An institutional investor recently bought a new position in Barfresh Food Group stock. Mesirow Financial Investment Management Inc. purchased a new position in shares of Barfresh Food Group, Inc. (NASDAQ:BRFHFree Report) in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The firm purchased 22,321 shares of the company’s stock, valued at approximately $27,000. Mesirow Financial Investment Management Inc. owned about 0.15% of Barfresh Food Group as of its most recent SEC filing. Institutional investors own 22.66% of the company’s stock.

Barfresh Food Group Company Profile

(Get Free Report)

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.

Further Reading

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