Bullfrog AI (NASDAQ:BFRG) Posts Quarterly Earnings Results

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

Bullfrog AI Trading Down 1.6%

Bullfrog AI stock traded down $0.01 during midday trading on Thursday, hitting $0.62. The stock had a trading volume of 288,685 shares, compared to its average volume of 8,084,027. The firm’s fifty day moving average is $0.80 and its two-hundred day moving average is $0.85. The company has a market capitalization of $7.85 million, a PE ratio of -0.98 and a beta of -3.00. Bullfrog AI has a 52-week low of $0.43 and a 52-week high of $2.04.

Wall Street Analysts Forecast Growth

BFRG has been the subject of several research reports. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Bullfrog AI in a research report on Monday, April 20th. Wall Street Zen raised shares of Bullfrog AI to a “sell” rating in a report on Saturday, May 2nd. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company currently has a consensus rating of “Sell”.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Bullfrog AI stock. DRW Securities LLC purchased a new position in Bullfrog AI Holdings Inc. (NASDAQ:BFRG) in the 4th quarter, according to its most recent 13F filing with the Securities and 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 reporting period. 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.