MasterBeef Group (NASDAQ:MB) Stock Price Passes Below Two Hundred Day Moving Average – Here’s What Happened

MasterBeef Group (NASDAQ:MBGet Free Report) shares passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $6.26 and traded as low as $5.54. MasterBeef Group shares last traded at $5.68, with a volume of 4,374 shares trading hands.

Analyst Ratings Changes

Separately, Weiss Ratings raised shares of MasterBeef Group from a “sell (d-)” rating to a “sell (d)” rating in a research note on Friday, May 1st. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, MasterBeef Group currently has a consensus rating of “Sell”.

Check Out Our Latest Research Report on MB

MasterBeef Group Trading Down 1.8%

The company has a quick ratio of 1.38, a current ratio of 1.55 and a debt-to-equity ratio of 1.54. The firm has a 50 day moving average price of $6.52 and a two-hundred day moving average price of $6.25.

MasterBeef Group (NASDAQ:MBGet Free Report) last posted its earnings results on Friday, May 15th. The technology company reported ($0.08) earnings per share (EPS) for the quarter. The company had revenue of $14.80 million for the quarter.

Institutional Investors Weigh In On MasterBeef Group

An institutional investor recently bought a new position in MasterBeef Group stock. Geode Capital Management LLC bought a new stake in shares of MasterBeef Group (NASDAQ:MBFree Report) during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 10,878 shares of the technology company’s stock, valued at approximately $92,000. Geode Capital Management LLC owned approximately 0.06% of MasterBeef Group at the end of the most recent quarter.

MasterBeef Group Company Profile

(Get Free Report)

MINDBODY, Inc operates a cloud-based business management software and payments platform for the small and medium-sized businesses in the wellness services industry. Its platform enables businesses to run, market, and build scheduling and online booking, performance tracking, staff management, client relationship management, integrated payment processing, retail point-of-sale, purchase tracking, inventory, hardware integration, analytics and reporting, branded Web, mobility, social integration, client acquisition dashboard, security and compliance, and integration with other cloud-based partners for yoga, Pilates, indoor cycling, group and personal training, boutique fitness, salons, spas, and integrative health businesses.

Further Reading

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