Better Choice (NASDAQ:BTTR) Receives New Coverage from Analysts at ThinkEquity

ThinkEquity assumed coverage on shares of Better Choice (NASDAQ:BTTR) in a report published on Monday, MarketBeat Ratings reports. The firm issued a buy rating and a $10.00 price objective on the stock.

Better Choice Stock Performance

Shares of BTTR opened at $2.40 on Monday. The company’s fifty day moving average is $3.07 and its 200-day moving average is $4.34. Better Choice has a 12 month low of $1.92 and a 12 month high of $25.52.

Better Choice (NASDAQ:BTTR) last posted its quarterly earnings data on Tuesday, August 13th. The company reported ($1.02) earnings per share (EPS) for the quarter, missing the consensus estimate of $2.98 by ($4.00). Better Choice had a negative return on equity of 172.17% and a negative net margin of 46.78%. The firm had revenue of $8.54 million for the quarter.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Better Choice stock. Cantor Fitzgerald L. P. acquired a new stake in Better Choice Company Inc. (NASDAQ:BTTR) during the 4th quarter, according to its most recent filing with the SEC. The institutional investor acquired 95,000 shares of the company’s stock, valued at approximately $26,000. Cantor Fitzgerald L. P. owned 0.30% of Better Choice at the end of the most recent quarter. Hedge funds and other institutional investors own 12.64% of the company’s stock.

Better Choice Company Profile

Better Choice Company Inc operates as a pet health and wellness company. Its products portfolio includes naturally formulated kibble and canned dog and cat foods, freeze-dried raw dog foods and treats, vegan dog foods and treats, oral care products and supplements, as well as toppers, dental products, and chews.