Freshpet Stock Bearish Momentum With A 11% Slide At Session Start On Wednesday

(VIANEWS) – Shares of Freshpet (NASDAQ: FRPT) slid by a staggering 11.48% to $49.28 at 10:31 EST on Wednesday, after five consecutive sessions in a row of losses. NASDAQ is falling 0.93% to $11,322.11, after two sequential sessions in a row of gains. This seems, as yet, a somewhat down trend trading session today.

Freshpet’s last close was $55.67, 53.13% under its 52-week high of $118.77.

About Freshpet

Freshpet, Inc. manufactures and markets natural fresh meals and treats for dogs and cats in the United States, Canada, and Europe. The company sells its products under the Freshpet brand; and Dognation and Dog Joy labels through various classes of retail, including grocery, mass, club, pet specialty, and natural, as well as online. Freshpet, Inc. was incorporated in 2004 and is headquartered in Secaucus, New Jersey.

Earnings Per Share

As for profitability, Freshpet has a trailing twelve months EPS of $-0.26.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is negative -7.51%.

Stock Price Classification

According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, Freshpet’s stock is considered to be overbought (>=80).

Revenue Growth

Year-on-year quarterly revenue growth grew by 40.7%, now sitting on 545.38M for the twelve trailing months.

Growth Estimates Quarters

The company’s growth estimates for the current quarter and the next is 52.6% and 22.5%, respectively.

More news about Freshpet (FRPT).

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