Bullfrog AI (NASDAQ:BFRG) Announces Earnings Results

Bullfrog AI (NASDAQ:BFRG) issued its quarterly earnings data on Thursday. The company reported ($0.12) earnings per share (EPS) for the quarter, Zacks reports.

Bullfrog AI Stock Performance

Shares of NASDAQ:BFRG traded down $0.01 during midday trading on Thursday, hitting $0.62. 288,685 shares of the stock were exchanged, compared to its average volume of 8,084,027. The business’s 50-day moving average price is $0.80 and its 200 day moving average price is $0.85. The stock has a market capitalization of $7.85 million, a price-to-earnings ratio of -0.98 and a beta of -3.00. Bullfrog AI has a 12 month low of $0.43 and a 12 month high of $2.04.

Analysts Set New Price Targets

Several research firms recently commented on BFRG. Weiss Ratings restated a “sell (e+)” rating on shares of Bullfrog AI in a research note on Monday, April 20th. Wall Street Zen upgraded Bullfrog AI to a “sell” rating in a research note on Saturday, May 2nd. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company currently has a consensus rating of “Sell”.

Hedge Funds Weigh In On Bullfrog AI

An institutional investor recently bought a new position in Bullfrog AI stock. DRW Securities LLC bought a new stake in Bullfrog AI Holdings Inc. (NASDAQ:BFRG) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 102,062 shares of the company’s stock, valued at approximately $90,000. DRW Securities LLC owned about 0.89% of Bullfrog AI at the end of the most recent reporting period. Hedge funds and other institutional investors own 0.96% of the company’s stock.

About Bullfrog AI

Bullfrog AI, Inc (NASDAQ: BFRG) is a technology company specializing in AI-driven knowledge management and enterprise search solutions. The firm offers a cloud-native platform designed to help organizations surface, organize and analyze unstructured data across multiple sources. By leveraging machine learning, natural language processing and knowledge graph techniques, Bullfrog AI enables users to discover relevant insights from documents, emails, databases and other repositories in real time.

The company’s flagship product is the Bullfrog Enterprise Intelligence Platform, which combines semantic search, contextual relevance ranking and generative AI capabilities.