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Bridgford Foods (NASDAQ:BRID) Share Price Passes Below 50 Day Moving Average - Here's What Happened
Bridgford Foods (NASDAQ:BRID) stock recently fell below its 50-day moving average of $7.57, trading at $7.61 on light volume after an intraday low of $7.56. Analysts, including Weiss Ratings, maintain a “Sell” rating for the company, which reported a recent quarterly loss of ($0.09) EPS on $55.31 million in revenue. Despite low institutional ownership, Private Management Group Inc. recently acquired 26,850 shares.