Factorial Partners LLC Acquires Shares of 21,980 Bridgford Foods Co. (NASDAQ:BRID)

Factorial Partners LLC bought a new position in Bridgford Foods Co. (NASDAQ:BRID) during the third quarter, Holdings Channel.com reports. The institutional investor bought 21,980 shares of the company’s stock, valued at approximately $200,000.

Bridgford Foods Trading Down 1.3 %

Shares of Bridgford Foods stock opened at $8.85 on Wednesday. The company has a quick ratio of 2.49, a current ratio of 4.28 and a debt-to-equity ratio of 0.02. Bridgford Foods Co. has a 52 week low of $7.77 and a 52 week high of $14.69. The business’s fifty day simple moving average is $9.04 and its 200-day simple moving average is $9.76.

Bridgford Foods (NASDAQ:BRID) last announced its earnings results on Friday, August 23rd. The company reported ($0.20) EPS for the quarter. The firm had revenue of $49.26 million for the quarter. Bridgford Foods had a negative net margin of 0.44% and a negative return on equity of 0.79%.

About Bridgford Foods

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.