Better Choice (NASDAQ:BTTR) Stock Price Up 4.9% – Should You Buy?

Better Choice Company Inc. (NASDAQ:BTTR)’s share price rose 4.9% on Tuesday . The company traded as high as $2.25 and last traded at $2.16. Approximately 413,199 shares were traded during trading, an increase of 856% from the average daily volume of 43,234 shares. The stock had previously closed at $2.06.

Better Choice Stock Up 4.9 %

The stock has a market capitalization of $4.28 million, a price-to-earnings ratio of -0.10 and a beta of 0.62. The company has a fifty day moving average of $2.15 and a two-hundred day moving average of $2.23.

Institutional Trading of Better Choice

A hedge fund recently bought a new stake in Better Choice stock. Sanctuary Advisors LLC bought a new stake in Better Choice Company Inc. (NASDAQ:BTTR) in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 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 & Exchange Commission. 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.