Barfresh Food Group (OTCMKTS:BRFH) released its quarterly earnings data on Thursday. The company reported ($0.01) earnings per share for the quarter, meeting the consensus estimate of ($0.01), MarketWatch Earnings reports. The business had revenue of $0.73 million for the quarter, compared to analyst estimates of $1.19 million. Barfresh Food Group had a negative return on equity of 300.58% and a negative net margin of 82.95%.
Barfresh Food Group stock opened at $0.30 on Friday. The company has a current ratio of 1.08, a quick ratio of 0.74 and a debt-to-equity ratio of 9.68. Barfresh Food Group has a 12 month low of $0.21 and a 12 month high of $0.55. The stock has a 50-day moving average price of $0.43 and a two-hundred day moving average price of $0.36.
Separately, Zacks Investment Research lowered Barfresh Food Group from a “buy” rating to a “hold” rating in a research note on Monday, April 20th.
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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