BUDA’s (NYSEAMERICAN:BUDA – Get Free Report) lock-up period will end on Tuesday, July 7th. BUDA had issued 2,666,667 shares in its initial public offering on January 8th. The total size of the offering was $20,000,003 based on an initial share price of $7.50. After the expiration of BUDA’s lock-up period, major shareholders and company insiders will be able to sell their shares of the company.
Analyst Ratings Changes
Separately, Lake Street Capital began coverage on BUDA in a report on Monday, April 20th. They set a “buy” rating and a $14.00 price objective on the stock. One equities research analyst has rated the stock with a Buy rating, According to data from MarketBeat, the company has a consensus rating of “Buy” and an average price target of $14.00.
Read Our Latest Report on BUDA
BUDA Stock Performance
BUDA (NYSEAMERICAN:BUDA – Get Free Report) last announced its earnings results on Thursday, March 26th. The company reported $0.07 earnings per share for the quarter. The company had revenue of $2.90 million during the quarter.
About BUDA
Buda Juice Inc is a juice category for the supermarket fresh produce department with its cold-crafted, UltraFresh(TM) citrus juices. Buda Juice Inc is based in DALLAS.
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