Bullfrog AI (NASDAQ:BFRG) Posts Quarterly Earnings Results

Bullfrog AI (NASDAQ:BFRG) issued its earnings results on Tuesday. The company reported ($0.21) earnings per share for the quarter, Zacks reports.

Bullfrog AI Stock Up 8.5%

Shares of NASDAQ BFRG opened at $1.92 on Wednesday. The business’s 50 day moving average is $1.71 and its two-hundred day moving average is $2.16. The firm has a market cap of $18.08 million, a price-to-earnings ratio of -2.26 and a beta of 0.71. Bullfrog AI has a 52-week low of $1.23 and a 52-week high of $4.84.

Insiders Place Their Bets

In related news, CEO Vininder Singh sold 27,958 shares of the business’s stock in a transaction on Thursday, April 3rd. The shares were sold at an average price of $1.44, for a total transaction of $40,259.52. Following the completion of the transaction, the chief executive officer now owns 2,348,341 shares in the company, valued at approximately $3,381,611.04. The trade was a 1.18% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Insiders own 33.90% of the company’s stock.

About Bullfrog AI

Bullfrog AI Holdings, Inc, through its subsidiaries, operates as a digital biopharmaceutical company that focuses on artificial intelligence and machine learning (AI/ML) driven analysis of data sets in medicine and healthcare in the United States. The company offers bfLEAP, an analytical AI/ML platform for the analysis of preclinical and/or clinical data.