Barfresh Food Group (OTCMKTS:BRFH) announced its quarterly earnings data on Tuesday. The company reported ($0.02) EPS for the quarter, meeting the consensus estimate of ($0.02), Bloomberg Earnings reports. Barfresh Food Group had a negative net margin of 383.81% and a negative return on equity of 152.69%. The business had revenue of $0.62 million during the quarter, compared to the consensus estimate of $0.72 million.
Shares of Barfresh Food Group opened at $0.68 on Thursday, according to Marketbeat. Barfresh Food Group has a one year low of $0.35 and a one year high of $0.82.
Several brokerages have commented on BRFH. Maxim Group restated a “buy” rating and set a $1.50 price objective on shares of Barfresh Food Group in a research report on Thursday, March 8th. Zacks Investment Research downgraded shares of Barfresh Food Group from a “hold” rating to a “sell” rating in a research report on Friday, April 6th. Finally, ValuEngine upgraded shares of Barfresh Food Group from a “sell” rating to a “hold” rating in a research report on Wednesday, April 4th.
Barfresh Food Group, Inc creates, manufactures, and distributes ready to blend frozen beverages in the United States. It offers portion controlled and ready to blend beverage ingredient packs for smoothies, shakes, and frappes, as well as cocktails and mocktails. The company was founded in 2009 and is headquartered in Beverly Hills, California.
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