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Bridgford Foods (NASDAQ:BRID) Shares Cross Below 200-Day Moving Average - Should You Sell?

Bridgford Foods logo with Consumer Staples background

Bridgford Foods Co. (NASDAQ:BRID - Get Free Report)'s share price passed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $9.86 and traded as low as $8.76. Bridgford Foods shares last traded at $8.85, with a volume of 3,459 shares.

Bridgford Foods Trading Up 1.2 %

The firm's fifty day simple moving average is $9.55 and its 200 day simple moving average is $9.86. The stock has a market capitalization of $82.17 million, a P/E ratio of -80.45 and a beta of -0.62. The company has a debt-to-equity ratio of 0.02, a quick ratio of 2.49 and a current ratio of 4.28.

Bridgford Foods (NASDAQ:BRID - Get Free Report) last released its earnings results on Friday, August 23rd. The company reported ($0.20) earnings per share for the quarter. The business had revenue of $49.26 million for the quarter. Bridgford Foods had a negative return on equity of 0.79% and a negative net margin of 0.44%.

About Bridgford Foods

(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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