Bridgford Foods Co. (NASDAQ:BRID - Get Free Report)'s stock price crossed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $9.63 and traded as low as $7.85. Bridgford Foods shares last traded at $7.94, with a volume of 857 shares trading hands.
Bridgford Foods Trading Up 5.2 %
The business's 50 day simple moving average is $9.23 and its two-hundred day simple moving average is $9.61. The stock has a market cap of $71.83 million, a P/E ratio of -21.39 and a beta of -0.41. The company has a quick ratio of 2.71, a current ratio of 4.74 and a debt-to-equity ratio of 0.01.
Bridgford Foods (NASDAQ:BRID - Get Free Report) last issued its quarterly earnings data on Friday, March 7th. The company reported ($0.12) earnings per share for the quarter. The firm had revenue of $52.55 million for the quarter. Bridgford Foods had a negative return on equity of 2.63% and a negative net margin of 1.51%.
Institutional Inflows and Outflows
A number of large investors have recently added to or reduced their stakes in the business. Renaissance Technologies LLC acquired a new position in Bridgford Foods in the 4th quarter valued at approximately $124,000. Northern Trust Corp grew its stake in shares of Bridgford Foods by 28.6% in the fourth quarter. Northern Trust Corp now owns 31,913 shares of the company's stock worth $343,000 after purchasing an additional 7,093 shares during the last quarter. Geode Capital Management LLC grew its stake in shares of Bridgford Foods by 29.9% in the third quarter. Geode Capital Management LLC now owns 24,150 shares of the company's stock worth $220,000 after purchasing an additional 5,558 shares during the last quarter. Finally, Factorial Partners LLC increased its holdings in Bridgford Foods by 13.8% in the fourth quarter. Factorial Partners LLC now owns 25,017 shares of the company's stock valued at $263,000 after purchasing an additional 3,037 shares during the period. Institutional investors 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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