Better Choice (NASDAQ:BTTR) Trading Down 1.9%

Better Choice Company Inc. (NASDAQ:BTTR) shares fell 1.9% during mid-day trading on Thursday . The company traded as low as $4.80 and last traded at $5.04. 9,215 shares changed hands during trading, a decline of 95% from the average session volume of 202,223 shares. The stock had previously closed at $5.14.

Better Choice Stock Performance

The business’s 50 day moving average price is $6.51 and its 200-day moving average price is $9.59. The company has a market cap of $4.37 million, a price-to-earnings ratio of -0.16 and a beta of 0.54.

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

Institutional Trading of Better Choice

A hedge fund recently bought a new stake in Better Choice stock. Cantor Fitzgerald L. P. purchased a new stake in Better Choice Company Inc. (NASDAQ:BTTR) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 95,000 shares of the company’s stock, valued at approximately $26,000. Cantor Fitzgerald L. P. owned 0.30% of Better Choice at the end of the most recent reporting period. Institutional investors own 12.64% of the company’s stock.

Better Choice Company Profile

Better Choice Company Inc operates as a pet 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, and chews.