Pinnacle Food Group Limited (NASDAQ:PFAI – Get Free Report) shares dropped 3.9% on Wednesday . The stock traded as low as $2.43 and last traded at $2.74. Approximately 15,939 shares changed hands during trading, a decline of 9% from the average session volume of 17,575 shares. The stock had previously closed at $2.85.
Analyst Upgrades and Downgrades
Separately, Weiss Ratings reiterated a “sell (d)” rating on shares of Pinnacle Food Group in a report on Tuesday. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock has a consensus rating of “Sell”.
Check Out Our Latest Research Report on Pinnacle Food Group
Pinnacle Food Group Price Performance
Pinnacle Food Group (NASDAQ:PFAI – Get Free Report) last released its quarterly earnings data on Thursday, April 30th. The company reported ($0.05) earnings per share (EPS) for the quarter. The business had revenue of $1.24 million during the quarter.
Institutional Investors Weigh In On Pinnacle Food Group
A hedge fund recently bought a new stake in Pinnacle Food Group stock. Ground Swell Capital LLC purchased a new stake in shares of Pinnacle Food Group Limited (NASDAQ:PFAI – Free Report) during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 12,264 shares of the company’s stock, valued at approximately $35,000. Ground Swell Capital LLC owned approximately 0.10% of Pinnacle Food Group as of its most recent SEC filing.
Pinnacle Food Group Company Profile
Our Mission We are committed to becoming a leader in the field of smart farming solution services, focusing on vertical and hydroponic farming. Our goal is to promote sustainable food security by developing and building customized smart farming systems based on the systematic integration of technology, hardware and software, coupled with a full range of integrated technical and supply services (Farming as a Service, or FaaS). We currently sell hydroponic growing systems and technical support services to individual households and community groups and are developing a hydroponic growing system for urban farms.
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