Better Choice (NASDAQ:BTTR) Stock Price Down 0.8%

Better Choice Company Inc. (NASDAQ:BTTR) shares dropped 0.8% on Friday . The company traded as low as $6.25 and last traded at $6.45. Approximately 6,601 shares changed hands during trading, a decline of 97% from the average daily volume of 210,138 shares. The stock had previously closed at $6.50.

Better Choice Stock Performance

The stock has a market capitalization of $5.65 million, a P/E ratio of -0.20 and a beta of 0.52. The stock’s fifty day simple moving average is $6.67 and its two-hundred day simple moving average is $9.63.

Better Choice (NASDAQ:BTTR) last posted its quarterly earnings data on Friday, April 12th. The company reported ($6.51) EPS for the quarter. Better Choice had a negative net margin of 59.00% and a negative return on equity of 95.23%. The firm had revenue of $5.70 million during the quarter.

Institutional Investors Weigh In On Better Choice

A hedge fund recently bought a new stake in Better Choice stock. Cantor Fitzgerald L. P. bought a new position in shares of Better Choice Company Inc. (NASDAQ:BTTR) during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 95,000 shares of the company’s stock, valued at approximately $26,000. Cantor Fitzgerald L. P. owned approximately 0.30% of Better Choice as of its most recent SEC filing. 12.64% of the stock is currently owned by institutional investors.

About Better Choice

Better Choice Company Inc operates as an animal health and wellness company. Its products portfolio includes naturally formulated kibble and canned dog and cat foods, freeze-dried raw dog foods and treats, vegan dog foods and treats, oral care products and supplements, as well as toppers, dental products, chews, and grooming products.