Bullfrog AI (NASDAQ:BFRG) Trading Up 0.3% – Should You Buy?

Bullfrog AI Holdings Inc. (NASDAQ:BFRG)’s share price traded up 0.3% during mid-day trading on Tuesday . The company traded as high as $0.70 and last traded at $0.6624. Approximately 152,784 shares changed hands during mid-day trading, a decline of 50% from the average session volume of 303,403 shares. The stock had previously closed at $0.6601.

Wall Street Analysts Forecast Growth

BFRG has been the topic of a number of analyst reports. Weiss Ratings reiterated a “sell (e+)” rating on shares of Bullfrog AI in a research report on Monday, April 20th. Wall Street Zen upgraded shares of Bullfrog AI to a “sell” rating in a research report on Saturday, May 2nd. One analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock presently has a consensus rating of “Sell”.

Bullfrog AI Price Performance

The firm’s 50 day moving average is $0.73 and its 200 day moving average is $0.76. The company has a market capitalization of $11.33 million, a PE ratio of -1.13 and a beta of -2.89.

Bullfrog AI (NASDAQ:BFRG) last posted its earnings results on Thursday, May 14th. The company reported ($0.12) earnings per share for the quarter.

Hedge Funds Weigh In On Bullfrog AI

A number of institutional investors have recently bought and sold shares of the stock. J. Safra Sarasin Holding AG purchased a new stake in Bullfrog AI in the first quarter worth about $191,000. DRW Securities LLC purchased a new position in shares of Bullfrog AI during the 4th quarter worth approximately $90,000. Finally, Anson Funds Management LP bought a new position in shares of Bullfrog AI in the 3rd quarter worth approximately $113,000. 0.96% of the stock is owned by 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.