Real Good Food (NASDAQ:RGF) Shares Down 5.9%

Shares of The Real Good Food Company, Inc. (NASDAQ:RGF) traded down 5.9% on Wednesday . The stock traded as low as $0.45 and last traded at $0.47. 65,681 shares were traded during trading, a decline of 85% from the average session volume of 434,141 shares. The stock had previously closed at $0.50.

Real Good Food Stock Up 2.8 %

The firm has a market capitalization of $16.04 million, a price-to-earnings ratio of -0.23 and a beta of 0.54. The firm has a 50 day moving average of $0.56 and a two-hundred day moving average of $0.71.

Hedge Funds Weigh In On Real Good Food

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Taylor Frigon Capital Management LLC increased its holdings in shares of Real Good Food by 50.3% during the fourth quarter. Taylor Frigon Capital Management LLC now owns 796,372 shares of the company’s stock worth $1,210,000 after buying an additional 266,560 shares in the last quarter. Private Advisor Group LLC increased its holdings in Real Good Food by 69.6% in the 4th quarter. Private Advisor Group LLC now owns 152,780 shares of the company’s stock worth $232,000 after purchasing an additional 62,680 shares in the last quarter. B. Riley Financial Inc. acquired a new position in Real Good Food in the 4th quarter worth about $1,586,000. First Eagle Investment Management LLC raised its position in Real Good Food by 19.2% in the fourth quarter. First Eagle Investment Management LLC now owns 387,734 shares of the company’s stock valued at $589,000 after purchasing an additional 62,500 shares during the last quarter. Finally, Skylands Capital LLC boosted its stake in shares of Real Good Food by 22.5% during the fourth quarter. Skylands Capital LLC now owns 1,278,984 shares of the company’s stock valued at $1,944,000 after purchasing an additional 235,093 shares in the last quarter. Institutional investors own 55.55% of the company’s stock.

Real Good Food Company Profile

The Real Good Food Company, Inc, through its subsidiary, operates as a health and wellness focused frozen food company in the United States. The company develops, manufactures, and markets foods designed to be high in protein, low in sugar, and made from gluten- and grain-free ingredients. It offers comfort foods, such as bacon wrapped stuffed chicken, chicken enchiladas, grain-free cheesy bread breakfast sandwiches, and various entrée bowls under the Realgood Foods Co brand name, as well as sells private-label products.