Freshpet ( (FRPT) ) is experiencing volatility. Read on for a possible explanation for the stock’s unusual movement.
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Freshpet’s stock is experiencing unusual movements due to mixed analyst ratings. While some analysts maintain a Buy rating, confident in the company’s strategic direction, others are cautious because of slowing growth in the pet food category. The resignation of CFO Todd Cunfer adds to the uncertainty, despite the company’s reaffirmation of its FY25 guidance and positive insider buying activity. Analysts remain divided, with some seeing potential upside and others downgrading due to deteriorating market conditions.
More about Freshpet
YTD Price Performance: -63.37%
Average Trading Volume: 1,452,421
Technical Sentiment Signal: Sell
Current Market Cap: $2.6B
For further insights into FRPT stock on TipRanks’ Stock Analysis page.
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