Better Choice (NASDAQ:BTTR) Now Covered by ThinkEquity

ThinkEquity initiated coverage on shares of Better Choice (NASDAQ:BTTR) in a research report report published on Monday, MarketBeat.com reports. The firm issued a buy rating and a $10.00 price target on the stock.

Better Choice Stock Down 3.6 %

BTTR stock opened at $2.40 on Monday. The business has a fifty day moving average price of $3.07 and a 200 day moving average price of $4.34. Better Choice has a fifty-two week low of $1.92 and a fifty-two week high of $25.52.

Better Choice (NASDAQ:BTTR) last released its quarterly earnings results on Tuesday, August 13th. The company reported ($1.02) EPS for the quarter, missing the consensus estimate of $2.98 by ($4.00). The company had revenue of $8.54 million for the quarter. Better Choice had a negative net margin of 46.78% and a negative return on equity of 172.17%.

Institutional Investors Weigh In On Better Choice

A hedge fund recently bought a new stake in Better Choice stock. Cantor Fitzgerald L. P. purchased a new stake in Better Choice Company Inc. (NASDAQ:BTTR) in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 95,000 shares of the company’s stock, valued at approximately $26,000. Cantor Fitzgerald L. P. owned 0.30% of Better Choice as of its most recent SEC filing. Institutional investors and hedge funds own 12.64% of the company’s stock.

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.