Zacks Investment Research Upgrades Barfresh Food Group (OTC:BRFHD) to Buy

Zacks Investment Research upgraded shares of Barfresh Food Group (OTC:BRFHD) from a sell rating to a buy rating in a research note issued to investors on Tuesday morning, Zacks.com reports. The brokerage currently has $6.25 price objective on the stock.

According to Zacks, “Barfresh Food Group, Inc. is a developer, manufacturer and distributer of ready-to-blend beverages, including smoothies, shakes and frappes. The Company primarily provides its products to restaurant chains in the fast food and fast casual dining sector. It offers portion controlled ready to blend beverage ingredient packs for smoothies, shakes, and frappes, as well as for cocktails and mocktails. Barfresh Food Group, Inc. is based in Denver, Colorado. “

Shares of BRFHD opened at $5.95 on Tuesday. The firm has a market capitalization of $76.71 million, a price-to-earnings ratio of -45.76 and a beta of -0.12. The company has a debt-to-equity ratio of 0.07, a current ratio of 3.36 and a quick ratio of 2.92. Barfresh Food Group has a 52-week low of $3.12 and a 52-week high of $8.45.

About Barfresh Food Group

Barfresh Food Group, Inc is a developer, manufacturer and distributer of ready-to-blend beverages, including smoothies, shakes and frappes. The Company primarily provides its products to restaurant chains in the fast food and fast casual dining sector. It offers portion controlled ready to blend beverage ingredient packs for smoothies, shakes, and frappes, as well as for cocktails and mocktails.

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