Generation Next Franchise Brands Inc. (OTCMKTS:VEND) was downgraded by Zacks Investment Research from a “hold” rating to a “sell” rating in a research note issued on Thursday.

According to Zacks, “Generation Next Franchise Brands, Inc. is a vending franchisor. The company’s vending machines stocked with tried-and-tested fresh, healthy snack options to serve health-conscious consumers. It operates primarily in the United States, Canada, Puerto Rico and the Bahamas. Generation Next Franchise Brands, Inc., formerly known as Fresh Healthy Vending International, Inc., is based in San Diego, California. “

Separately, ValuEngine raised shares of Generation Next Franchise Brands from a “sell” rating to a “hold” rating in a research note on Friday, June 2nd.

Shares of Generation Next Franchise Brands (OTCMKTS VEND) traded down 3.03% during midday trading on Thursday, hitting $0.96. 440 shares of the stock were exchanged. The firm’s market cap is $30.26 million. Generation Next Franchise Brands has a 12-month low of $0.09 and a 12-month high of $1.08. The firm has a 50-day moving average price of $1.02 and a 200 day moving average price of $0.90.

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About Generation Next Franchise Brands

Generation NEXT Franchise Brands, Inc formerly Fresh Healthy Vending International, Inc, is a franchise development company and operator of Company-owned vending machines, micro markets and frozen yogurt robots. The Company provides a portfolio of fresh, organic and all-natural snacks and drinks. The micro market provides fresh full meal options, such as salads, sandwiches and wraps.

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