Freshpet Inc (NASDAQ:FRPT) has been downgraded to Strong Sell in a statement by Zacks Investment Research today.
- Updated: October 4, 2016
Boasting a price of $8.70, Freshpet Inc (NASDAQ:FRPT) traded 0.58% higher on the day. With the last stock price close down -4.64% from the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.01% over the same period. FRPT has recorded a 50-day average of $9.79 and a two hundred day average of $9.12. Trade Volume was up over the average, with 513,085 shares of FRPT changing hands over the typical 199,846
Zacks Investment Research has downgraded Freshpet Inc (NASDAQ:FRPT) to Strong Sell in a statement released on Wednesday October 05, 2016.
Recent Performance Chart
Freshpet Inc has with a 52 week low of $5.60 and a 52 week high of $11.81 and has a market cap of $0.
In addition to Zacks Investment Research reporting its target price, a total of 8 brokers have issued a report on the stock. The consensus target price is $10.00 with 5 brokers rating the stock a strong buy, 2 brokers rating the stock a buy, 3 brokers rating the stock a hold, 0 brokers rating the stock a underperform, and finally 0 brokers rating the stock a sell.
General Information About Freshpet Inc (NASDAQ:FRPT)
Freshpet, Inc. is a manufacturer of fresh, refrigerated pet food distributed across North America. The Company operates in the segment of manufacturing, marketing and distribution of pet food and pet treats for dogs and cats. The Company offers products consisting of dog food, cat food, and dog and cat treats. Its recipes include real, fresh meat and varying combinations of vegetables, leafy greens and anti-oxidant rich fruits, without the use of preservatives, additives or artificial ingredients. All of its products are sold under the Freshpet brand name, with ingredients, packaging and labeling customized by class of retail. It also offers fresh treats across all classes of retail under the Dognation and Dog Joy labels. Its products are available in various forms, including slice and serve rolls, bagged meals and tubs. It owns and operates refrigerated pet food manufacturing facility in North America, the Freshpet Kitchens at Bethlehem, Pennsylvania.
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