ValuEngine Upgrades Barfresh Food Group Inc. (BRFH) to “Hold”

ValuEngine upgraded shares of Barfresh Food Group Inc. (OTCMKTS:BRFH) from a sell rating to a hold rating in a research note published on Saturday morning.

Separately, Zacks Investment Research lowered Barfresh Food Group from a buy rating to a hold rating in a research report on Monday, May 22nd.

Barfresh Food Group (BRFH) traded down 3.152% during midday trading on Friday, hitting $0.765. The stock had a trading volume of 96,183 shares. The company’s market cap is $89.92 million. The firm’s 50-day moving average price is $0.70 and its 200 day moving average price is $0.69. Barfresh Food Group has a 12 month low of $0.52 and a 12 month high of $0.83.

Barfresh Food Group (OTCMKTS:BRFH) last announced its earnings results on Monday, May 15th. The company reported ($0.02) earnings per share (EPS) for the quarter, hitting the consensus estimate of ($0.02). Barfresh Food Group had a negative return on equity of 155.11% and a negative net margin of 653.31%. On average, analysts expect that Barfresh Food Group will post ($0.06) earnings per share for the current fiscal year.

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Barfresh Food Group Company Profile

Barfresh Food Group, Inc is a manufacturer and distributor of ready to blend frozen beverages. The Company’s portfolio of products includes smoothies, shakes and frappes. All of the Company’s products are portion controlled beverage ingredient packs, suitable for smoothies, shakes and frappes that can also be utilized for cocktails and TradingView.widget({ “height”: 400, “width”: 625, “symbol”: “OTC:BRFH”, “interval”: “D”, “timezone”: “Etc/UTC”, “theme”: “White”, “style”: “1”, “locale”: “en”, “toolbar_bg”: “#f1f3f6”, “enable_publishing”: false, “hideideas”: true, “referral_id”: “2588”});

To view ValuEngine’s full report, visit ValuEngine’s official website.

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