Pinnacle Food Group (NASDAQ:PFAI) Trading Down 1.7% – What’s Next?

Shares of Pinnacle Food Group Limited (NASDAQ:PFAI) traded down 1.7% during mid-day trading on Thursday . The stock traded as low as $2.31 and last traded at $2.34. 8,112 shares were traded during trading, a decline of 61% from the average session volume of 20,630 shares. The stock had previously closed at $2.38.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reaffirmed a “sell (e)” rating on shares of Pinnacle Food Group in a research report on Tuesday, October 14th. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the stock presently has an average rating of “Sell”.

Pinnacle Food Group Trading Down 1.7%

The stock has a 50 day moving average price of $2.44.

Institutional Investors Weigh In On Pinnacle Food Group

An institutional investor recently bought a new position in Pinnacle Food Group stock. Marex Group plc acquired a new position in shares of Pinnacle Food Group Limited (NASDAQ:PFAI) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 37,733 shares of the company’s stock, valued at approximately $89,000. Marex Group plc owned 0.32% of Pinnacle Food Group at the end of the most recent reporting period.

About Pinnacle Food Group

Our Mission We are committed to becoming a leader in the field of smart farming solution services, focusing on vertical and hydroponic farming. Our goal is to promote sustainable food security by developing and building customized smart farming systems based on the systematic integration of technology, hardware and software, coupled with a full range of integrated technical and supply services (Farming as a Service, or FaaS).