Better Choice (NASDAQ:BTTR) Shares Down 1.1%

Better Choice Company Inc. (NASDAQ:BTTR) shares dropped 1.1% on Tuesday . The stock traded as low as $6.10 and last traded at $6.11. Approximately 5,784 shares changed hands during mid-day trading, a decline of 97% from the average daily volume of 205,546 shares. The stock had previously closed at $6.18.

Better Choice Trading Down 13.9 %

The company’s 50 day moving average price is $6.58 and its two-hundred day moving average price is $9.62. The firm has a market cap of $4.73 million, a PE ratio of -0.19 and a beta of 0.53.

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

Institutional Trading of Better Choice

A hedge fund recently bought a new stake in Better Choice stock. Cantor Fitzgerald L. P. acquired a new stake in shares of Better Choice Company Inc. (NASDAQ:BTTR) in the fourth quarter, according to its most recent disclosure with the SEC. The firm acquired 95,000 shares of the company’s stock, valued at approximately $26,000. Cantor Fitzgerald L. P. owned approximately 0.30% of Better Choice at the end of the most recent reporting period. Hedge funds and other institutional investors own 12.64% of the company’s stock.

About Better Choice

Better Choice Company Inc operates as an animal 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, chews, and grooming products.