Bridgford Foods (NASDAQ:BRID) Stock Price Crosses Below Two Hundred Day Moving Average – Should You Sell?

Shares of Bridgford Foods Co. (NASDAQ:BRIDGet Free Report) crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $10.13 and traded as low as $8.98. Bridgford Foods shares last traded at $8.98, with a volume of 365 shares.

Bridgford Foods Stock Performance

The stock has a fifty day moving average of $9.83 and a two-hundred day moving average of $10.13. The company has a current ratio of 4.28, a quick ratio of 2.49 and a debt-to-equity ratio of 0.02.

Bridgford Foods (NASDAQ:BRIDGet Free Report) last announced its quarterly earnings data on Friday, August 23rd. The company reported ($0.20) earnings per share for the quarter. The company had revenue of $49.26 million during the quarter. Bridgford Foods had a negative net margin of 0.44% and a negative return on equity of 0.79%.

About Bridgford Foods

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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.

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