Bridgford Foods Co. (NASDAQ:BRID - Get Free Report) crossed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $7.92 and traded as high as $8.09. Bridgford Foods shares last traded at $7.81, with a volume of 1,984 shares trading hands.
Bridgford Foods Stock Down 0.4%
The company has a quick ratio of 2.71, a current ratio of 4.74 and a debt-to-equity ratio of 0.01. The firm has a market cap of $71.07 million, a price-to-earnings ratio of -21.16 and a beta of -0.24. The stock's 50 day moving average is $7.88 and its 200 day moving average is $9.32.
Bridgford Foods (NASDAQ:BRID - Get Free Report) last posted its quarterly earnings data on Monday, June 2nd. The company reported ($0.43) EPS for the quarter. Bridgford Foods had a negative net margin of 1.51% and a negative return on equity of 2.63%. The company had revenue of $50.64 million for the quarter.
Institutional Inflows and Outflows
Hedge funds have recently made changes to their positions in the stock. Northern Trust Corp boosted its holdings in Bridgford Foods by 28.6% during the fourth quarter. Northern Trust Corp now owns 31,913 shares of the company's stock worth $343,000 after buying an additional 7,093 shares in the last quarter. Renaissance Technologies LLC bought a new stake in Bridgford Foods during the fourth quarter worth approximately $124,000. Factorial Partners LLC boosted its holdings in Bridgford Foods by 13.8% during the fourth quarter. Factorial Partners LLC now owns 25,017 shares of the company's stock worth $263,000 after buying an additional 3,037 shares in the last quarter. Finally, Nuveen LLC bought a new stake in Bridgford Foods during the first quarter worth approximately $570,000. Institutional investors and hedge funds own 4.68% of the company's stock.
Bridgford Foods Company Profile
(
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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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