Better Choice (NASDAQ:BTTR) Trading Up 3.7% – Still a Buy?

Shares of Better Choice Company Inc. (NASDAQ:BTTR) rose 3.7% on Wednesday . The stock traded as high as $2.29 and last traded at $2.25. Approximately 30,143 shares traded hands during trading, an increase of 73% from the average daily volume of 17,387 shares. The stock had previously closed at $2.17.

Better Choice Stock Performance

The firm has a market capitalization of $4.50 million, a PE ratio of -0.11 and a beta of 0.67. The company’s fifty day moving average price is $2.13 and its two-hundred day moving average price is $2.42.

Better Choice (NASDAQ:BTTR) last announced its quarterly earnings data on Tuesday, November 12th. The company reported ($0.54) earnings per share for the quarter. The company had revenue of $11.37 million for the quarter. Better Choice had a negative return on equity of 206.10% and a negative net margin of 39.83%.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Better Choice stock. Sanctuary Advisors LLC purchased a new stake in Better Choice Company Inc. (NASDAQ:BTTR) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 14,823 shares of the company’s stock, valued at approximately $31,000. Sanctuary Advisors LLC owned 0.77% of Better Choice as of its most recent filing with the Securities & Exchange Commission. Institutional investors and hedge funds own 12.64% of the company’s stock.

Better Choice Company Profile

Better Choice Company Inc operates as a pet health and wellness company. Its products portfolio includes naturally formulated kibble and canned dog and cat foods, freeze-dried raw dog foods and treats, vegan dog foods and treats, oral care products and supplements, as well as toppers, dental products, and chews.