Bridgford Foods (NASDAQ:BRID) Stock Passes Below Two Hundred Day Moving Average - Here's Why

Bridgford Foods Corporation (NASDAQ:BRID - Get Free Report)'s share price crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $7.78 and traded as low as $7.76. Bridgford Foods shares last traded at $7.7250, with a volume of 639 shares.Get Bridgford Foods alerts:Wall Street Analysts Forecast GrowthSeparately, Weiss Ratings reaffirmed a "sell (e+)" rating on shares of Bridgford Foods in a research report on Wednesday, October 8th. One investment analyst has rated the stock with a Sell rating, According to MarketBeat, Bridgford Foods has a consensus rating of "Sell".Read Our Latest Report on Bridgford FoodsBridgford Foods Stock PerformanceThe firm's 50 day simple moving average is $7.79 and its 200 day simple moving average is $7.78. The firm has a market capitalization of $70.12 million, a price-to-earnings ratio of -9.66 and a beta of -0.25. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.48 and a current ratio of 3.54. Institutional Investors Weigh In On Bridgford FoodsAn institutional investor recently bought a new position in Bridgford Foods stock. Private Management Group Inc. acquired a new stake in Bridgford Foods Corporation (NASDAQ:BRID - Free Report) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 26,850 shares of the company's stock, valued at approximately $213,000. Private Management Group Inc. owned 0.30% of Bridgford Foods as of its most recent SEC filing. Hedge funds and other institutional investors own 4.68% of the company's stock. Bridgford Foods Company Profile (Get Free Report)Bridgford Foods Corporation, together with its subsidiaries, manufactures, markets, and distributes frozen and snack food products in the United States. It operates in two segments, Frozen Food Products and Snack Food Products. The company offers biscuits, bread dough items, roll dough items, and dry sausage and beef jerky products, as well as ready to eat sandwiches and non-refrigerated snack food products.Read MoreFive stocks we like better than Bridgford FoodsUtilities Stocks Explained – How and Why to Invest in Utilities3 Stocks Poised to Benefit From Google’s AI BreakthoughUnveiling The Power Of VWAP: A Key Indicator For TradersBeyond NVIDIA: 5 Semiconductor Stocks Set to Dominate 2026What is Forex and How Does it Work? 3 Stocks You’ll Wish You Bought Before 2026This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in Bridgford Foods Right Now?Before you consider Bridgford Foods, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Bridgford Foods wasn't on the list.While Bridgford Foods currently has a Sell rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here