Better Choice (NASDAQ:BTTR) Trading Up 0.6% – Should You Buy?

Better Choice Company Inc. (NASDAQ:BTTR)’s stock price traded up 0.6% on Wednesday . The stock traded as high as $1.61 and last traded at $1.59. 9,350 shares were traded during trading, a decline of 95% from the average session volume of 175,158 shares. The stock had previously closed at $1.58.

Better Choice Stock Performance

The stock’s 50 day simple moving average is $1.98 and its 200-day simple moving average is $2.10. The firm has a market cap of $3.15 million, a price-to-earnings ratio of -0.08 and a beta of 0.54.

Institutional Investors Weigh In On Better Choice

A hedge fund recently bought a new stake in Better Choice stock. Sanctuary Advisors LLC purchased a new position in shares of Better Choice Company Inc. (NASDAQ:BTTR) in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 14,823 shares of the company’s stock, valued at approximately $31,000. Sanctuary Advisors LLC owned 0.77% of Better Choice as of its most recent filing with the Securities and Exchange Commission. 12.64% of the stock is currently owned by institutional investors and hedge funds.

Better Choice Company Profile

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.