Better Choice (NASDAQ:BTTR) Trading Down 1.9%

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

Better Choice Price Performance

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

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

Institutional Investors Weigh In On Better Choice

An institutional investor recently raised its position in Better Choice stock. Callan Capital LLC increased its position in shares of Better Choice Company Inc. (NASDAQ:BTTR) by 69.8% in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 243,306 shares of the company’s stock after purchasing an additional 100,000 shares during the quarter. Callan Capital LLC owned 0.76% of Better Choice worth $30,000 as of its most recent filing with the SEC. Hedge funds and other institutional investors own 12.64% of the company’s stock.

About Better Choice

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.