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Boulder Brands Inc (NASDAQ:BDBD) up by 7.77%

Boston, MA 05/17/2013 (wallstreetpr) –Boulder Brands Inc (NASDAQ:BDBD) closed up to $11.10 after gaining 7.77% during the day and hitting its day’s high of $11.30 and a low of $10.31. The average shares floated during the last 3 months were 0.601 million, and in the previous session 1.49 million shares exchanged hands. The earnings per share of the company for the year 2011 was $0.16 and fell by 57.55% in the previous year to stand at $0.07, it is expected the growth in the earnings per share to be 42.86% in the next year. The company has shown a growth in its sales over the past five years which has grown by 27.19%. The quarter on quarter growth in the sales is 34.51%. The profit margin of Boulder Brands is positive of 1.12% reflecting that the company is able to generate profit from its business operations. The stock is less volatile than the index as reflected from its beta of 0.76. The 200 days moving average of Boulder Brands is trading above the stocks 50 days moving average which gives a bullish sign to the investors.

Steve Hughes, chairman and CEO of Boulder Brands have been selected for the Ernst & Young Entrepreneur for the 2013 Award as regional finalists

Published by Viraj Shah

Viraj Shah has done M.Com (Finance) and currently pursuing CFP. He is a technical analyst who tracks US markets along with other global markets like India very closely. He is very passionate about stocks and believes that money can always be made in market.

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