TheStreet downgraded Freshpet Inc (NASDAQ:FRPT) to Sell in a report released today.
- Updated: September 17, 2016
TheStreet has downgraded Freshpet Inc(NASDAQ:FRPT) to Sell in a report released on 8/18/2016.
On Monday August 15 2016, Wedbush reported about Freshpet Inc(NASDAQ:FRPT) bumped the target price from $10.00 to $11.00 that suggested an upside of 0.04%.
Displaying a price of $10.60, Freshpet Inc (NASDAQ:FRPT) traded 3.21% lower on the day. The last stock price is up 8.28% from the 200-day average, compared to the S&P 500 Index which has decreased -0.01% over the date range. FRPT has registered a 50-day moving average of $10.02 and 200-day moving average of $8.91. 392,616 shares of FRPT traded hands, up from ann avg. trading volume of 190,353
With a market capitalization of $0.0, Freshpet Inc has a 52 week low of $5.60 and a one-year high of $11.81 with a price-earnings ratio of 0.
A total of 8 brokers have issued a ratings update on the company. Five firms rate the stock a strong buy, two analysts rate the company a buy, three firms rate the stock a hold, 0 rate the stock to underperform, and finally 0 analystsrate the company as sell with a consensus target price of $10.00
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, and Pennsylvania.
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