Shares of Bridgford Foods Co. (NASDAQ:BRID - Get Free Report) passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $9.48 and traded as low as $7.87. Bridgford Foods shares last traded at $7.76, with a volume of 774 shares.
Bridgford Foods Stock Performance
The company has a debt-to-equity ratio of 0.01, a quick ratio of 2.71 and a current ratio of 4.74. The stock's fifty day moving average is $8.47 and its two-hundred day moving average is $9.48. The firm has a market cap of $70.39 million, a price-to-earnings ratio of -20.96 and a beta of -0.27.
Bridgford Foods (NASDAQ:BRID - Get Free Report) last released its earnings results on Friday, March 7th. The company reported ($0.12) EPS for the quarter. The company had revenue of $52.55 million for the quarter. Bridgford Foods had a negative net margin of 1.51% and a negative return on equity of 2.63%.
Hedge Funds Weigh In On Bridgford Foods
Large investors have recently bought and sold shares of the stock. Renaissance Technologies LLC acquired a new position in Bridgford Foods during the 4th quarter valued at about $124,000. Factorial Partners LLC increased its stake in Bridgford Foods by 13.8% during the 4th quarter. Factorial Partners LLC now owns 25,017 shares of the company's stock valued at $263,000 after buying an additional 3,037 shares during the period. Nuveen LLC acquired a new position in Bridgford Foods during the 1st quarter valued at about $570,000. Finally, Northern Trust Corp increased its stake in Bridgford Foods by 28.6% during the 4th quarter. Northern Trust Corp now owns 31,913 shares of the company's stock valued at $343,000 after buying an additional 7,093 shares during the period. Institutional investors and hedge funds own 4.68% of the company's stock.
Bridgford Foods Company Profile
(
Get Free Report)
Bridgford Foods Corporation, together with its subsidiaries, manufactures, markets, and distributes frozen and snack food products in the United States. It operates in two segments, Frozen Food Products and Snack Food Products. The company offers biscuits, bread dough items, roll dough items, and dry sausage and beef jerky products, as well as ready to eat sandwiches and non-refrigerated snack food products.
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