Barfresh Food Group (NASDAQ:BRFH) Stock Crosses Above Two Hundred Day Moving Average – Time to Sell?

Shares of Barfresh Food Group, Inc. (NASDAQ:BRFH) passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $3.04 and traded as high as $3.56. Barfresh Food Group shares last traded at $3.51, with a volume of 1,368 shares trading hands.

Barfresh Food Group Stock Performance

The firm has a market capitalization of $51.80 million, a price-to-earnings ratio of -19.50 and a beta of 0.55. The company has a debt-to-equity ratio of 0.11, a quick ratio of 1.05 and a current ratio of 1.39. The stock’s fifty day moving average is $3.43 and its two-hundred day moving average is $3.04.

Institutional Trading of Barfresh Food Group

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