Barfresh Food Group, Inc. (NASDAQ:BRFH) Shares Bought by Geode Capital Management LLC

Geode Capital Management LLC raised its position in Barfresh Food Group, Inc. (NASDAQ:BRFH) by 9.4% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 89,391 shares of the company’s stock after acquiring an additional 7,718 shares during the period. Geode Capital Management LLC’s holdings in Barfresh Food Group were worth $260,000 as of its most recent filing with the Securities & Exchange Commission.

Separately, HighTower Advisors LLC boosted its stake in Barfresh Food Group by 37.4% in the third quarter. HighTower Advisors LLC now owns 129,939 shares of the company’s stock valued at $378,000 after acquiring an additional 35,363 shares in the last quarter. Institutional investors own 22.66% of the company’s stock.

Barfresh Food Group Price Performance

Shares of BRFH opened at $2.72 on Tuesday. The company has a market cap of $40.11 million, a price-to-earnings ratio of -15.11 and a beta of 0.50. Barfresh Food Group, Inc. has a twelve month low of $1.00 and a twelve month high of $4.61. The company has a quick ratio of 1.05, a current ratio of 1.39 and a debt-to-equity ratio of 0.11. The company has a 50 day moving average of $2.74 and a two-hundred day moving average of $3.05.

Barfresh Food Group (NASDAQ:BRFH) last announced its earnings results on Thursday, October 24th. The company reported ($0.03) earnings per share for the quarter, missing the consensus estimate of ($0.01) by ($0.02). The firm had revenue of $3.64 million during the quarter, compared to analyst estimates of $3.62 million. Barfresh Food Group had a negative net margin of 27.14% and a negative return on equity of 131.76%. During the same quarter last year, the business earned ($0.04) earnings per share. As a group, analysts predict that Barfresh Food Group, Inc. will post -0.13 earnings per share for the current fiscal year.

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.