Bullfrog AI (NASDAQ:BFRG) Releases Earnings Results, Beats Estimates By $0.04 EPS

Bullfrog AI (NASDAQ:BFRG) released its quarterly earnings data on Friday. The company reported ($0.07) earnings per share for the quarter, beating the consensus estimate of ($0.11) by $0.04, Zacks reports.

Bullfrog AI Price Performance

Shares of Bullfrog AI stock traded down $0.02 during trading on Friday, hitting $0.57. The company’s stock had a trading volume of 111,152 shares, compared to its average volume of 4,884,005. The stock has a market cap of $10.54 million, a price-to-earnings ratio of -1.05 and a beta of -2.70. Bullfrog AI has a 52 week low of $0.43 and a 52 week high of $2.04. The stock has a 50-day moving average price of $0.65 and a two-hundred day moving average price of $0.69.

Analyst Upgrades and Downgrades

BFRG has been the subject of several research reports. Weiss Ratings upgraded Bullfrog AI from a “sell (e+)” rating to a “sell (d-)” rating in a research report on Monday, August 3rd. Zacks Research upgraded Bullfrog AI to a “hold” rating in a report on Friday, June 26th. Finally, Wall Street Zen raised Bullfrog AI from a “sell” rating to a “hold” rating in a research note on Saturday, July 4th. One research analyst has rated the stock with a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Reduce”.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Bullfrog AI stock. DRW Securities LLC purchased a new stake in Bullfrog AI Holdings Inc. (NASDAQ:BFRG) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 102,062 shares of the company’s stock, valued at approximately $90,000. DRW Securities LLC owned 0.89% of Bullfrog AI at the end of the most recent quarter. Institutional investors and hedge funds 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.