Barfresh Food Group (OTCMKTS:BRFH) Shares Cross Above 200-Day Moving Average of $0.00

Barfresh Food Group Inc (OTCMKTS:BRFH)’s share price passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $0.00 and traded as high as $0.44. Barfresh Food Group shares last traded at $0.42, with a volume of 29,455 shares trading hands.

Separately, Zacks Investment Research upgraded Barfresh Food Group from a “sell” rating to a “hold” rating in a research note on Tuesday, July 16th.

The company has a debt-to-equity ratio of 0.21, a current ratio of 1.29 and a quick ratio of 0.97. The company has a 50-day moving average price of $0.45 and a 200-day moving average price of $0.55.

Barfresh Food Group (OTCMKTS:BRFH) last released its earnings results on Wednesday, May 15th. The company reported ($0.02) EPS for the quarter, meeting the Thomson Reuters’ consensus estimate of ($0.02). The firm had revenue of $0.84 million during the quarter, compared to analyst estimates of $0.98 million. Barfresh Food Group had a negative return on equity of 888.69% and a negative net margin of 176.22%. As a group, sell-side analysts anticipate that Barfresh Food Group Inc will post -0.04 EPS for the current fiscal year.

Barfresh Food Group Company Profile (OTCMKTS:BRFH)

Barfresh Food Group, Inc manufactures and distributes ready to blend frozen beverages in the United States. It offers portion controlled and ready to blend beverage ingredient packs for smoothies, shakes, and frappes, as well as cocktails and mocktails. The company was founded in 2009 and is headquartered in Beverly Hills, California.

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