MasterBeef Group (NASDAQ:MB) Releases Quarterly Earnings Results

MasterBeef Group (NASDAQ:MB) announced its earnings results on Friday. The technology company reported ($0.08) EPS for the quarter, FiscalAI reports. The company had revenue of $14.80 million during the quarter.

MasterBeef Group Price Performance

Shares of NASDAQ:MB traded down $0.39 during trading hours on Friday, hitting $6.42. The stock had a trading volume of 4,111 shares, compared to its average volume of 22,742. The stock’s fifty day simple moving average is $6.24 and its 200 day simple moving average is $6.51. MasterBeef Group has a 1-year low of $3.50 and a 1-year high of $16.40.

Analysts Set New Price Targets

Separately, Weiss Ratings raised shares of MasterBeef Group from a “sell (d-)” rating to a “sell (d)” rating in a research report on Friday, May 1st. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company has a consensus rating of “Sell”.

Institutional Investors Weigh In On MasterBeef Group

A hedge fund recently raised its stake in MasterBeef Group stock. Citadel Advisors LLC raised its position in MasterBeef Group (NASDAQ:MB) by 27.0% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 14,612 shares of the technology company’s stock after purchasing an additional 3,104 shares during the quarter. Citadel Advisors LLC owned about 0.09% of MasterBeef Group worth $125,000 as of its most recent filing with the Securities and Exchange Commission.

About MasterBeef Group

MINDBODY, Inc operates a cloud-based business management software and payments platform for the small and medium-sized businesses in the wellness services industry. Its platform enables businesses to run, market, and build scheduling and online booking, performance tracking, staff management, client relationship management, integrated payment processing, retail point-of-sale, purchase tracking, inventory, hardware integration, analytics and reporting, branded Web, mobility, social integration, client acquisition dashboard, security and compliance, and integration with other cloud-based partners for yoga, Pilates, indoor cycling, group and personal training, boutique fitness, salons, spas, and integrative health businesses.