Bridgford Foods Co. (NASDAQ:BRID) Shares Acquired by Geode Capital Management LLC

Geode Capital Management LLC lifted its holdings in shares of Bridgford Foods Co. (NASDAQ:BRID) by 29.9% during the 3rd quarter, Holdings Channel.com reports. The fund owned 24,150 shares of the company’s stock after buying an additional 5,558 shares during the period. Geode Capital Management LLC’s holdings in Bridgford Foods were worth $220,000 as of its most recent SEC filing.

Separately, Factorial Partners LLC acquired a new position in Bridgford Foods during the third quarter worth approximately $200,000. Institutional investors own 4.68% of the company’s stock.

Bridgford Foods Trading Down 4.4 %

NASDAQ:BRID opened at $10.16 on Tuesday. The company has a current ratio of 4.28, a quick ratio of 2.49 and a debt-to-equity ratio of 0.02. The stock’s 50 day simple moving average is $9.88 and its 200-day simple moving average is $9.75. Bridgford Foods Co. has a 12-month low of $7.77 and a 12-month high of $14.69. The firm has a market cap of $92.22 million, a P/E ratio of -92.36 and a beta of -0.65.

Bridgford Foods Company Profile

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.