Bridgford Foods Stock Price on June 24, 2024

BRID Stock  USD 10.36  0.53  4.87%   
Below is the normalized historical share price chart for Bridgford Foods extending back to November 06, 1984. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Bridgford Foods stands at 10.36, as last reported on the 7th of September, with the highest price reaching 11.39 and the lowest price hitting 10.36 during the day.
IPO Date
7th of September 1984
200 Day MA
10.5222
50 Day MA
10.1238
Beta
(0.61)
 
Black Monday
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Bridgford Stock, it is important to understand the factors that can impact its price. At this point, Bridgford Foods is slightly risky. Bridgford Foods secures Sharpe Ratio (or Efficiency) of 0.0339, which signifies that the company had a 0.0339% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Bridgford Foods, which you can use to evaluate the volatility of the firm. Please confirm Bridgford Foods' Risk Adjusted Performance of 0.0323, downside deviation of 3.06, and Mean Deviation of 2.14 to double-check if the risk estimate we provide is consistent with the expected return of 0.15%.
  
At present, Bridgford Foods' Common Stock Shares Outstanding is projected to decrease significantly based on the last few years of reporting. The current year's Liabilities And Stockholders Equity is expected to grow to about 201.7 M, whereas Common Stock Total Equity is forecasted to decline to 7,810. . At present, Bridgford Foods' Price Earnings To Growth Ratio is projected to increase based on the last few years of reporting. The current year's Price Sales Ratio is expected to grow to 0.81, whereas Price Book Value Ratio is forecasted to decline to 2.86. Bridgford Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0339

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Estimated Market Risk

 4.43
  actual daily
39
61% of assets are more volatile

Expected Return

 0.15
  actual daily
2
98% of assets have higher returns

Risk-Adjusted Return

 0.03
  actual daily
2
98% of assets perform better
Based on monthly moving average Bridgford Foods is performing at about 2% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Bridgford Foods by adding it to a well-diversified portfolio.
Price Book
0.7795
Enterprise Value Ebitda
17.2067
Price Sales
0.3973
Shares Float
1.7 M
Wall Street Target Price
7.93

Related Headline

J J Headline on 24th of June 2024

Filed transaction by J J Snack Officer Vp, Human Resources. Disposition to the issuer of issuer equity securities pursuant to Rule 16b-3

Bridgford Foods Valuation on June 24, 2024

It is possible to determine the worth of Bridgford Foods on a given historical date. On June 24, 2024 Bridgford was worth 10.04 at the beginning of the trading date compared to the closed value of 10.04. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Bridgford Foods stock. Still, in general, we apply an absolute valuation method to find Bridgford Foods' value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Bridgford Foods where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Bridgford Foods' related companies.
 Open High Low Close Volume
  9.95    10.04    9.94    10.04    4,016  
06/24/2024
  10.04    10.04    10.04    10.04    443.00  
  9.95    10.05    9.92    10.05    2,781  
Backtest Bridgford Foods  |  Bridgford Foods History  |  Bridgford Foods Valuation   PreviousNext  
Open Value
10.04
10.04
Closing Value
23.34
Upside

Bridgford Foods Trading Date Momentum on June 24, 2024

On June 26 2024 Bridgford Foods was traded for  10.05  at the closing time. The top price for the day was 10.05  and the lowest listed price was  9.92 . The trading volume for the day was 2.8 K. The trading history from June 26, 2024 was a factor to the next trading day price growth. The overall trading delta against the next closing price was 0.10% . The overall trading delta against the current closing price is 0.50% .

Bridgford Foods Fundamentals Correlations and Trends

By evaluating Bridgford Foods' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Bridgford Foods' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Bridgford financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Bridgford Foods Stock history

Bridgford Foods investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Bridgford is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Bridgford Foods will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Bridgford Foods stock prices may prove useful in developing a viable investing in Bridgford Foods
Last ReportedProjected for Next Year
Common Stock Shares Outstanding8.2 M8.4 M
Net Income Applicable To Common Shares51.8 M54.4 M

Bridgford Foods Quarterly Net Working Capital

64.18 Million

Bridgford Foods Stock Technical Analysis

Bridgford Foods technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Bridgford Foods technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Bridgford Foods trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Bridgford Foods Period Price Range

Low
September 7, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Bridgford Foods cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

Bridgford Foods September 7, 2024 Market Strength

Market strength indicators help investors to evaluate how Bridgford Foods stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Bridgford Foods shares will generate the highest return on investment. By undertsting and applying Bridgford Foods stock market strength indicators, traders can identify Bridgford Foods entry and exit signals to maximize returns

Bridgford Foods Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Bridgford Foods' price direction in advance. Along with the technical and fundamental analysis of Bridgford Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Bridgford to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.

Complementary Tools for Bridgford Stock analysis

When running Bridgford Foods' price analysis, check to measure Bridgford Foods' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Bridgford Foods is operating at the current time. Most of Bridgford Foods' value examination focuses on studying past and present price action to predict the probability of Bridgford Foods' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bridgford Foods' price. Additionally, you may evaluate how the addition of Bridgford Foods to your portfolios can decrease your overall portfolio volatility.
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