Barfresh Food Group (NASDAQ:BRFH) Stock Price Passes Above 200-Day Moving Average of $1.40

Barfresh Food Group, Inc. (NASDAQ:BRFH) passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $1.40 and traded as high as $1.90. Barfresh Food Group shares last traded at $1.78, with a volume of 69,754 shares.

Barfresh Food Group Price Performance

The stock has a market cap of $26.20 million, a P/E ratio of -8.09 and a beta of 0.22. The firm’s 50 day moving average price is $1.20 and its 200-day moving average price is $1.40.

Barfresh Food Group (NASDAQ:BRFH) last issued its quarterly earnings data on Friday, March 22nd. The company reported ($0.05) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.01) by ($0.04). The company had revenue of $1.92 million for the quarter, compared to the consensus estimate of $3.00 million. Barfresh Food Group had a negative net margin of 34.81% and a negative return on equity of 159.29%. On average, analysts expect that Barfresh Food Group, Inc. will post -0.06 earnings per share for the current year.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Barfresh Food Group stock. Mesirow Financial Investment Management Inc. acquired a new stake in shares of Barfresh Food Group, Inc. (NASDAQ:BRFH) during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 22,321 shares of the company’s stock, valued at approximately $27,000. Mesirow Financial Investment Management Inc. owned 0.15% of Barfresh Food Group as of its most recent SEC filing. 22.66% of the stock is owned by hedge funds and other institutional investors.

Barfresh Food Group Company Profile

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.