Barfresh Food Group (NASDAQ:BRFH) Announces Earnings Results

by · The Markets Daily

Barfresh Food Group (NASDAQ:BRFH – Get Free Report) announced its earnings results on Thursday. The company reported ($0.03) EPS for the quarter, missing analysts’ consensus estimates of ($0.01) by ($0.02), Zacks reports. The business had revenue of $3.64 million during the quarter, compared to analysts’ expectations of $3.62 million. Barfresh Food Group had a negative net margin of 29.91% and a negative return on equity of 131.72%. During the same period in the previous year, the company posted ($0.04) earnings per share.

Barfresh Food Group Price Performance

Shares of BRFH stock traded down $0.39 during trading hours on Friday, reaching $2.05. 53,652 shares of the company’s stock were exchanged, compared to its average volume of 257,440. The company’s 50 day moving average is $3.03 and its two-hundred day moving average is $2.69. Barfresh Food Group has a 1 year low of $1.00 and a 1 year high of $4.61. The company has a market cap of $30.18 million, a P/E ratio of -11.72 and a beta of 0.44.

Analyst Upgrades and Downgrades

Separately, Greenridge Global raised Barfresh Food Group from a “hold” rating to a “buy” rating and set a $4.50 target price on the stock in a report on Monday, August 19th.

View Our Latest Stock Report on Barfresh Food Group

About Barfresh Food Group

(Get Free Report)

Barfresh Food Group, Inc, together with its subsidiaries, manufactures and distributes ready-to-drink and ready-to-blend frozen beverages in the United States. It offers smoothies, shakes and frappes in various formats comprising ready-to-drink smoothie, easy pour, juice concentrates, and single serve.

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