BranchOut Food Inc. (NASDAQ:BOF) Director Byron Riche Jones Buys 41,755 Shares

BranchOut Food Inc. (NASDAQ:BOF) Director Byron Riche Jones purchased 41,755 shares of the firm’s stock in a transaction on Monday, July 22nd. The stock was bought at an average price of $0.99 per share, for a total transaction of $41,337.45. Following the completion of the transaction, the director now directly owns 145,834 shares in the company, valued at $144,375.66. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website.

BranchOut Food Stock Down 4.5 %

Shares of BOF opened at $0.95 on Thursday. BranchOut Food Inc. has a 52 week low of $0.66 and a 52 week high of $3.60. The firm has a market capitalization of $4.05 million and a P/E ratio of -0.68. The company has a 50-day simple moving average of $1.25 and a 200-day simple moving average of $1.61. The company has a debt-to-equity ratio of 0.05, a quick ratio of 1.32 and a current ratio of 1.46.

BranchOut Food (NASDAQ:BOF) last posted its quarterly earnings results on Tuesday, May 14th. The company reported ($0.26) EPS for the quarter. BranchOut Food had a negative net margin of 100.10% and a negative return on equity of 143.59%. The firm had revenue of $1.47 million during the quarter.

BranchOut Food Company Profile

BranchOut Food Inc develops, markets, sells, and distributes plant-based dehydrated fruit and vegetable snacks, and powders in the United States. The company offers dehydrated fruit and vegetable-based snacks, including avocado chips, chewy banana bites, pineapple chips, brussels sprout crisps, and bell pepper crisps; avocado, banana, and blueberry powders; and industrial ingredients, such as bulk avocado powder, dried avocado pieces, and other fruit powders/pieces.