Barfresh Food Group (NASDAQ:BRFH) Stock Crosses Above Two Hundred Day Moving Average – Here’s Why

Barfresh Food Group, Inc. (NASDAQ:BRFH)’s share price passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $3.00 and traded as high as $3.59. Barfresh Food Group shares last traded at $3.52, with a volume of 25,045 shares traded.

Barfresh Food Group Stock Performance

The company has a debt-to-equity ratio of 0.11, a current ratio of 1.39 and a quick ratio of 1.05. The company has a market cap of $56.80 million, a price-to-earnings ratio of -21.38 and a beta of 0.52. The firm has a 50 day simple moving average of $3.00 and a 200-day simple moving average of $3.00.

Institutional Trading of Barfresh Food Group

A hedge fund recently raised its stake in Barfresh Food Group stock. Geode Capital Management LLC grew its stake in Barfresh Food Group, Inc. (NASDAQ:BRFH) by 9.4% during the third quarter, according to its most recent 13F filing with the SEC. The firm owned 89,391 shares of the company’s stock after acquiring an additional 7,718 shares during the period. Geode Capital Management LLC owned about 0.61% of Barfresh Food Group worth $260,000 as of its most recent filing with the SEC. Institutional investors and hedge funds own 22.66% of the company’s stock.

Barfresh Food Group Company Profile

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.