Better Choice (NASDAQ:BTTR) Trading Down 0.8%

Better Choice Company Inc. (NASDAQ:BTTR)’s stock price was down 0.8% on Friday . The stock traded as low as $6.25 and last traded at $6.45. Approximately 6,601 shares were traded during mid-day trading, a decline of 97% from the average daily volume of 210,138 shares. The stock had previously closed at $6.50.

Better Choice Stock Performance

The firm has a market capitalization of $5.64 million, a PE ratio of -0.20 and a beta of 0.52. The stock’s 50-day simple moving average is $6.75 and its 200-day simple moving average is $9.61.

Better Choice (NASDAQ:BTTR) last released its quarterly earnings results on Friday, April 12th. The company reported ($6.51) earnings per share (EPS) for the quarter. The company had revenue of $5.70 million during the quarter. Better Choice had a negative return on equity of 95.23% and a negative net margin of 59.00%.

Institutional Trading of Better Choice

An institutional investor recently bought a new position in Better Choice stock. Cantor Fitzgerald L. P. bought a new stake in shares of Better Choice Company Inc. (NASDAQ:BTTR) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 95,000 shares of the company’s stock, valued at approximately $26,000. Cantor Fitzgerald L. P. owned 0.30% of Better Choice as of its most recent filing with the Securities and Exchange Commission. 12.64% of the stock is currently owned by institutional investors and hedge funds.

Better Choice Company Profile

Better Choice Company Inc operates as an animal health and wellness company. Its products portfolio includes naturally formulated kibble and canned dog and cat foods, freeze-dried raw dog foods and treats, vegan dog foods and treats, oral care products and supplements, as well as toppers, dental products, chews, and grooming products.