Bridgford Foods Co. (NASDAQ:BRID - Get Free Report) shares crossed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $9.58 and traded as low as $7.83. Bridgford Foods shares last traded at $8.03, with a volume of 1,406 shares trading hands.
Bridgford Foods Trading Down 1.7 %
The stock has a market cap of $71.63 million, a price-to-earnings ratio of -21.33 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. The business has a 50-day moving average of $9.06 and a 200-day moving average of $9.59.
Bridgford Foods (NASDAQ:BRID - Get Free Report) last released its quarterly earnings data on Friday, March 7th. The company reported ($0.12) earnings per share (EPS) for the quarter. The firm 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%.
Institutional Trading of Bridgford Foods
A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Northern Trust Corp lifted its position 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 buying an additional 7,093 shares during the last quarter. Renaissance Technologies LLC acquired a new stake in shares of Bridgford Foods in the fourth quarter worth about $124,000. Factorial Partners LLC lifted its position in shares of Bridgford Foods by 13.8% in 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 during the last quarter. Finally, Geode Capital Management LLC lifted its position 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 buying an additional 5,558 shares during the last quarter. 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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