Alert: Major Price Advance (7/30/24)-Barfresh Food Group Inc (NASDAQ: BRFH).

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Barfresh Food Group Inc (NASDAQ: BRFH) stock enjoyed a major increase of 11.2% on 7/30/24. The shares closed at $3.78. However, trading volume in this advance was below average at 67% of normal. The stock has declined -3.6% during the last week but has been exceptionally strong relative to the market over the last nine months.

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Current PriceTarget Research Rating

With future capital returns forecasted to fall short of the cost of capital, BRFH is expected to continue to be a modest Value Eraser.

Barfresh Food Group has a current Value Trend Rating of C (Neutral). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Barfresh Food Group has a very low Appreciation Score of 1 but a very high Power Rating of 99, producing the Neutral Value Trend Rating.

Rating Review

In light of this very positive price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.

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