Bridgford Foods Co. (NASDAQ:BRID) Shares Acquired by Geode Capital Management LLC

Geode Capital Management LLC boosted its stake in Bridgford Foods Co. (NASDAQ:BRID) by 29.9% during the third quarter, according to its most recent 13F filing with the SEC. The firm owned 24,150 shares of the company’s stock after acquiring an additional 5,558 shares during the quarter. Geode Capital Management LLC’s holdings in Bridgford Foods were worth $220,000 as of its most recent filing with the SEC.

Separately, Factorial Partners LLC acquired a new position in shares of Bridgford Foods during the third quarter valued at approximately $200,000. Institutional investors and hedge funds own 4.68% of the company’s stock.

Bridgford Foods Trading Down 4.4 %

Shares of Bridgford Foods stock opened at $10.16 on Tuesday. Bridgford Foods Co. has a 1-year low of $7.77 and a 1-year high of $14.69. The company has a debt-to-equity ratio of 0.02, a current ratio of 4.28 and a quick ratio of 2.49. The stock has a market cap of $92.22 million, a P/E ratio of -92.36 and a beta of -0.65. The stock’s 50 day simple moving average is $9.88 and its 200-day simple moving average is $9.75.

Bridgford Foods Profile

Bridgford Foods Corporation, together with its subsidiaries, manufactures, markets, and distributes frozen and snack food products in the United States. It operates in two segments, Frozen Food Products and Snack Food Products. The company offers biscuits, bread dough items, roll dough items, and dry sausage and beef jerky products, as well as ready to eat sandwiches and non-refrigerated snack food products.