Geode Capital Management LLC Boosts Stake in Barfresh Food Group, Inc. (NASDAQ:BRFH)

Geode Capital Management LLC lifted its stake in shares of Barfresh Food Group, Inc. (NASDAQ:BRFHFree Report) by 9.4% during the third quarter, according to the company in its most recent Form 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 quarter. Geode Capital Management LLC owned approximately 0.61% of Barfresh Food Group worth $260,000 at the end of the most recent reporting period.

Separately, HighTower Advisors LLC increased its position in shares of Barfresh Food Group by 37.4% during the third quarter. HighTower Advisors LLC now owns 129,939 shares of the company’s stock worth $378,000 after acquiring an additional 35,363 shares during the period. 22.66% of the stock is currently owned by hedge funds and other institutional investors.

Barfresh Food Group Stock Performance

Shares of NASDAQ:BRFH opened at $2.72 on Tuesday. The firm has a market cap of $40.11 million, a PE ratio of -15.11 and a beta of 0.50. The firm’s 50 day simple moving average is $2.74 and its 200-day simple moving average is $3.05. Barfresh Food Group, Inc. has a one year low of $1.00 and a one year high of $4.61. The company has a debt-to-equity ratio of 0.11, a quick ratio of 1.05 and a current ratio of 1.39.

Barfresh Food Group (NASDAQ:BRFHGet Free Report) last issued its earnings results on Thursday, October 24th. The company reported ($0.03) EPS for the quarter, missing analysts’ consensus estimates of ($0.01) by ($0.02). The company had revenue of $3.64 million for the quarter, compared to analysts’ expectations of $3.62 million. Barfresh Food Group had a negative return on equity of 131.76% and a negative net margin of 27.14%. During the same period last year, the business posted ($0.04) earnings per share. As a group, equities analysts predict that Barfresh Food Group, Inc. will post -0.13 EPS for the current year.

Barfresh Food Group Company Profile

(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.

Further Reading

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