BranchOut Food (NASDAQ:BOF) Trading Down 0.6% – Here’s Why

Posted by Tammy Falkenburg on Jun 1st, 2025

BranchOut Food Inc. (NASDAQ:BOF – Get Free Report) shares fell 0.6% on Friday . The stock traded as low as $1.74 and last traded at $1.75. 35,894 shares were traded during trading, a decline of 98% from the average session volume of 1,972,720 shares. The stock had previously closed at $1.76.

Analyst Ratings Changes

Separately, Wall Street Zen raised shares of BranchOut Food from a “sell” rating to a “hold” rating in a research note on Thursday, May 22nd.

Check Out Our Latest Stock Analysis on BOF

BranchOut Food Stock Down 0.6%

The company has a market capitalization of $16.77 million, a P/E ratio of -1.68 and a beta of 0.46. The firm’s 50 day moving average price is $2.02 and its two-hundred day moving average price is $1.96. The company has a current ratio of 1.27, a quick ratio of 0.95 and a debt-to-equity ratio of 1.00.

BranchOut Food (NASDAQ:BOF – Get Free Report) last released its earnings results on Thursday, May 15th. The company reported ($0.11) earnings per share for the quarter. BranchOut Food had a negative net margin of 72.96% and a negative return on equity of 255.53%.

Hedge Funds Weigh In On BranchOut Food

Hedge funds and other institutional investors have recently made changes to their positions in the company. Renaissance Technologies LLC bought a new position in shares of BranchOut Food in the fourth quarter valued at $26,000. NewEdge Advisors LLC bought a new position in shares of BranchOut Food in the fourth quarter valued at $45,000. XTX Topco Ltd bought a new position in shares of BranchOut Food in the first quarter valued at $69,000. Citadel Advisors LLC bought a new position in shares of BranchOut Food in the fourth quarter valued at $112,000. Finally, Evernest Financial Advisors LLC bought a new position in shares of BranchOut Food in the first quarter valued at $386,000. 2.59% of the stock is owned by institutional investors.

About BranchOut Food

(Get Free Report)

BranchOut Food Inc develops, markets, sells, and distributes plant-based dehydrated fruit and vegetable snacks, and powders in the United States. The company offers dehydrated fruit and vegetable-based snacks, including avocado chips, chewy banana bites, pineapple chips, brussels sprout crisps, and bell pepper crisps; avocado, banana, and blueberry powders; and industrial ingredients, such as bulk avocado powder, dried avocado pieces, and other fruit powders/pieces.