Bullfrog AI (NASDAQ:BFRG) Stock Price Up 4.2% – Here’s What Happened

Bullfrog AI Holdings Inc. (NASDAQ:BFRG)’s stock price shot up 4.2% during mid-day trading on Monday . The company traded as high as $0.6498 and last traded at $0.6208. 72,468 shares were traded during mid-day trading, a decline of 73% from the average session volume of 263,558 shares. The stock had previously closed at $0.5960.

Analysts Set New Price Targets

Separately, Weiss Ratings restated a “sell (e+)” rating on shares of Bullfrog AI in a report on Wednesday, January 21st. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company currently has an average rating of “Sell”.

Bullfrog AI Stock Performance

The company has a market cap of $6.94 million, a PE ratio of -0.88 and a beta of 0.69. The firm’s 50 day moving average is $0.62 and its 200-day moving average is $0.99.

Hedge Funds Weigh In On Bullfrog AI

An institutional investor recently bought a new position in Bullfrog AI stock. DRW Securities LLC acquired a new position in shares of Bullfrog AI Holdings Inc. (NASDAQ:BFRG) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 102,062 shares of the company’s stock, valued at approximately $90,000. DRW Securities LLC owned about 0.89% of Bullfrog AI as of its most recent filing with the Securities and Exchange Commission (SEC). 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.