MasterBeef Group (NASDAQ:MB) Stock Price Crosses Below 200-Day Moving Average – Here’s Why

MasterBeef Group (NASDAQ:MBGet Free Report) shares passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $6.15 and traded as low as $4.31. MasterBeef Group shares last traded at $4.42, with a volume of 1,328 shares traded.

Wall Street Analyst Weigh In

Separately, Weiss Ratings upgraded MasterBeef Group from a “sell (d-)” rating to a “sell (d)” rating in a research note on Friday, May 1st. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock presently has an average rating of “Sell”.

View Our Latest Analysis on MasterBeef Group

MasterBeef Group Stock Down 2.0%

The company has a current ratio of 1.55, a quick ratio of 1.38 and a debt-to-equity ratio of 1.54. The stock’s fifty day moving average is $6.34 and its two-hundred day moving average is $6.15.

MasterBeef Group (NASDAQ:MBGet Free Report) last issued its quarterly earnings data on Friday, May 15th. The technology company reported ($0.08) EPS for the quarter. The business had revenue of $14.80 million for the quarter.

Institutional Investors Weigh In On MasterBeef Group

A hedge fund recently bought a new stake in MasterBeef Group stock. Geode Capital Management LLC acquired a new position in shares of MasterBeef Group (NASDAQ:MBFree Report) during the 2nd quarter, according to its most recent 13F filing with the SEC. The fund acquired 10,878 shares of the technology company’s stock, valued at approximately $92,000. Geode Capital Management LLC owned about 0.06% of MasterBeef Group as of its most recent SEC filing.

MasterBeef Group Company Profile

(Get Free Report)

MINDBODY, Inc operates a cloud-based business management software and payments platform for the small and medium-sized businesses in the wellness services industry. Its platform enables businesses to run, market, and build scheduling and online booking, performance tracking, staff management, client relationship management, integrated payment processing, retail point-of-sale, purchase tracking, inventory, hardware integration, analytics and reporting, branded Web, mobility, social integration, client acquisition dashboard, security and compliance, and integration with other cloud-based partners for yoga, Pilates, indoor cycling, group and personal training, boutique fitness, salons, spas, and integrative health businesses.

Further Reading

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