Bullfrog AI (NASDAQ:BFRG) Shares Up 0.3% – Still a Buy?

Bullfrog AI Holdings Inc. (NASDAQ:BFRG) shares rose 0.3% during mid-day trading on Tuesday . The stock traded as high as $0.70 and last traded at $0.6624. 152,784 shares were traded during mid-day trading, a decline of 50% from the average daily volume of 303,403 shares. The stock had previously closed at $0.6601.

Wall Street Analyst Weigh In

BFRG has been the topic of a number of research reports. Wall Street Zen raised Bullfrog AI to a “sell” rating in a report on Saturday, May 2nd. Weiss Ratings reissued a “sell (e+)” rating on shares of Bullfrog AI in a report on Monday, April 20th. One analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company currently has a consensus rating of “Sell”.

Bullfrog AI Trading Up 0.3%

The stock’s 50-day simple moving average is $0.73 and its 200-day simple moving average is $0.77. The stock has a market cap of $12.28 million, a price-to-earnings ratio of -1.23 and a beta of -2.89.

Bullfrog AI (NASDAQ:BFRG) last released its quarterly earnings results on Thursday, May 14th. The company reported ($0.12) earnings per share for the quarter.

Hedge Funds Weigh In On Bullfrog AI

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. J. Safra Sarasin Holding AG bought a new stake in shares of Bullfrog AI during the 1st quarter valued at $191,000. DRW Securities LLC acquired a new stake in shares of Bullfrog AI during the 4th quarter worth $90,000. Finally, Anson Funds Management LP bought a new position in shares of Bullfrog AI in the third quarter worth $113,000. 0.96% of the stock is owned by institutional investors and hedge funds.

Bullfrog AI Company Profile

Bullfrog AI, Inc (NASDAQ: BFRG) is a technology company specializing in AI-driven knowledge management and enterprise search solutions. The firm offers a cloud-native platform designed to help organizations surface, organize and analyze unstructured data across multiple sources. By leveraging machine learning, natural language processing and knowledge graph techniques, Bullfrog AI enables users to discover relevant insights from documents, emails, databases and other repositories in real time.

The company’s flagship product is the Bullfrog Enterprise Intelligence Platform, which combines semantic search, contextual relevance ranking and generative AI capabilities.