21,980 Shares in Bridgford Foods Co. (NASDAQ:BRID) Acquired by Factorial Partners LLC

Factorial Partners LLC purchased a new stake in shares of Bridgford Foods Co. (NASDAQ:BRID) during the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 21,980 shares of the company’s stock, valued at approximately $200,000.

Bridgford Foods Trading Down 1.3 %

Shares of BRID opened at $8.85 on Wednesday. The stock’s 50-day moving average price is $9.04 and its 200-day moving average price is $9.76. The company has a debt-to-equity ratio of 0.02, a quick ratio of 2.49 and a current ratio of 4.28. Bridgford Foods Co. has a 52 week low of $7.77 and a 52 week high of $14.69.

Bridgford Foods (NASDAQ:BRID) last posted its earnings results on Friday, August 23rd. The company reported ($0.20) EPS for the quarter. The business had revenue of $49.26 million for the quarter. Bridgford Foods had a negative net margin of 0.44% and a negative return on equity of 0.79%.

About Bridgford Foods

Bridgford Foods Corporation, together with its subsidiaries, manufactures, markets, and distributes frozen and snack food products in the United States. It operates in two segments, Frozen Food Products and Snack Food Products. The company offers biscuits, bread dough items, roll dough items, and dry sausage and beef jerky products, as well as ready to eat sandwiches and non-refrigerated snack food products.