Bullfrog AI (NASDAQ:BFRG) Stock Price Down 5.7% – Should You Sell?

Bullfrog AI Holdings Inc. (NASDAQ:BFRG)’s share price was down 5.7% during mid-day trading on Friday . The company traded as low as $0.95 and last traded at $0.9520. Approximately 77,343 shares changed hands during mid-day trading, an increase of 28% from the average daily volume of 60,237 shares. The stock had previously closed at $1.01.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Bullfrog AI in a report on Wednesday, October 8th. One analyst has rated the stock with a Sell rating, According to MarketBeat.com, Bullfrog AI currently has an average rating of “Sell”.

Bullfrog AI Stock Performance

The stock has a 50-day moving average price of $1.10 and a 200-day moving average price of $1.31. The stock has a market cap of $10.86 million, a P/E ratio of -1.38 and a beta of 0.61.

Bullfrog AI (NASDAQ:BFRG) last announced its earnings results on Friday, November 14th. The company reported ($0.15) earnings per share for the quarter. The company had revenue of $0.17 million for the quarter.

Institutional Investors Weigh In On Bullfrog AI

A hedge fund recently bought a new stake in Bullfrog AI stock. Anson Funds Management LP purchased a new position in shares of Bullfrog AI Holdings Inc. (NASDAQ:BFRG) in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 80,750 shares of the company’s stock, valued at approximately $113,000. Anson Funds Management LP owned about 0.79% of Bullfrog AI as of its most recent SEC filing. 0.96% of the stock is owned by hedge funds and other institutional investors.

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.