Bullfrog AI (NASDAQ:BFRG) Releases Earnings Results

Bullfrog AI (NASDAQ:BFRG) issued its quarterly earnings results on Thursday. The company reported ($0.12) earnings per share for the quarter, Zacks reports.

Bullfrog AI Stock Performance

BFRG traded down $0.02 during trading on Friday, reaching $0.59. 273,112 shares of the company’s stock were exchanged, compared to its average volume of 499,423. The company’s fifty day moving average price is $0.81 and its 200-day moving average price is $0.84. Bullfrog AI has a fifty-two week low of $0.43 and a fifty-two week high of $2.04. The firm has a market capitalization of $7.49 million, a PE ratio of -1.10 and a beta of -3.00.

Institutional Trading of Bullfrog AI

A hedge fund recently bought a new stake in Bullfrog AI stock. DRW Securities LLC bought a new position in shares of Bullfrog AI Holdings Inc. (NASDAQ:BFRG) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund bought 102,062 shares of the company’s stock, valued at approximately $90,000. DRW Securities LLC owned 0.89% of Bullfrog AI as of its most recent filing with the Securities and Exchange Commission. 0.96% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of analysts recently weighed in on BFRG shares. Wall Street Zen raised shares of Bullfrog AI to a “sell” rating in a report on Saturday, May 2nd. Weiss Ratings reissued a “sell (e+)” rating on shares of Bullfrog AI in a report on Monday, April 20th. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat, Bullfrog AI currently has an average rating of “Sell”.

About Bullfrog AI

Bullfrog AI, Inc (NASDAQ: BFRG) is a technology company specializing in AI-driven knowledge management and enterprise search solutions. The firm offers a cloud-native platform designed to help organizations surface, organize and analyze unstructured data across multiple sources. By leveraging machine learning, natural language processing and knowledge graph techniques, Bullfrog AI enables users to discover relevant insights from documents, emails, databases and other repositories in real time.

The company’s flagship product is the Bullfrog Enterprise Intelligence Platform, which combines semantic search, contextual relevance ranking and generative AI capabilities.