Barfresh Food Group Inc. (OTCMKTS:BRFH) Cut to “Sell” at ValuEngine
Barfresh Food Group Inc. (OTCMKTS:BRFH) was downgraded by analysts at ValuEngine from a “hold” rating to a “sell” rating in a research report issued on Friday.
Separately, Zacks Investment Research raised shares of Barfresh Food Group from a “hold” rating to a “buy” rating and set a $0.75 price target for the company in a research note on Friday, May 19th.
Shares of Barfresh Food Group (OTCMKTS BRFH) traded up 1.33% during trading on Friday, reaching $0.76. 19,632 shares of the company were exchanged. The stock’s 50-day moving average is $0.73 and its 200-day moving average is $0.69. Barfresh Food Group has a 52-week low of $0.52 and a 52-week high of $0.83. The firm’s market cap is $89.33 million.
Barfresh Food Group (OTCMKTS:BRFH) last posted its quarterly earnings results on Monday, May 15th. The company reported ($0.02) earnings per share for the quarter, meeting the consensus estimate of ($0.02). Barfresh Food Group had a negative net margin of 653.31% and a negative return on equity of 155.11%. Equities research analysts predict that Barfresh Food Group will post ($0.06) earnings per share for the current fiscal year.
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About Barfresh Food Group
Barfresh Food Group, Inc is a manufacturer and distributor of ready to blend frozen beverages. The Company’s portfolio of products includes smoothies, shakes and frappes. All of the Company’s products are portion controlled beverage ingredient packs, suitable for smoothies, shakes and frappes that can also be utilized for cocktails and mocktails.
To view ValuEngine’s full report, visit ValuEngine’s official website.
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