Better Choice Company Inc (BTTR) Stocks Reach New Highs at $0.12 During Trading Session

After finishing at $0.15 in the prior trading day, Better Choice Company Inc (AMEX: BTTR) closed at $0.12, down -21.74%. In other words, the price has decreased by -$0.0328 from its previous closing price. On the day, 1324988 shares were traded.

Ratios:

Our goal is to gain a better understanding of BTTR by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.02 and its Current Ratio is at 1.59. In the meantime, Its Debt-to-Equity ratio is 0.34 whereas as Long-Term Debt/Eq ratio is at 0.19.

Insider Transactions:

The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Sep 07 ’23 when Young Michael bought 20,000 shares for $0.13 per share. The transaction valued at 2,578 led to the insider holds 112,500 shares of the business.

Young Michael bought 20,000 shares of BTTR for $2,578 on Sep 07 ’23. The Director now owns 112,500 shares after completing the transaction at $0.13 per share.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, BTTR now has a Market Capitalization of 5.47M and an Enterprise Value of 6.44M. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.10 while its Price-to-Book (P/B) ratio in mrq is 0.25. Its current Enterprise Value per Revenue stands at 0.15 whereas that against EBITDA is -0.22.

Stock Price History:

Over the past 52 weeks, BTTR has reached a high of $0.65, while it has fallen to a 52-week low of $0.11. The 50-Day Moving Average of the stock is 0.2246, while the 200-Day Moving Average is calculated to be 0.2294.

Shares Statistics:

The stock has traded on average 924.97K shares per day over the past 3-months and 1.45M shares per day over the last 10 days, according to various share statistics. A total of 29.43M shares are outstanding, with a floating share count of 19.33M. Insiders hold about 46.66% of the company’s shares, while institutions hold 12.02% stake in the company. Shares short for BTTR as of Feb 15, 2024 were 469.15k with a Short Ratio of 0.51, compared to 93.16k on Jan 12, 2024. Therefore, it implies a Short% of Shares Outstanding of 1.29% and a Short% of Float of 1.90%.

Earnings Estimates

Its stock is currently analyzed by 0 different market analysts. On average, analysts expect EPS of $0 for the current quarter, with a high estimate of $0 and a low estimate of $0, while EPS last year was -$0.22. The consensus estimate for the next quarter is $0, with high estimates of $0 and low estimates of $0.

Analysts are recommending an EPS of between $0 and $0 for the fiscal current year, implying an average EPS of $0. EPS for the following year is $0, with 0 analysts recommending between $0 and $0.

Revenue Estimates

1 analysts predict $13.12M in revenue for the current quarter. It ranges from a high estimate of $13.79M to a low estimate of $13.79M. As of the current estimate, Better Choice Company Inc’s year-ago sales were $11.87M, an estimated increase of 10.60% from the year-ago figure. For the next quarter, 1 analysts are estimating revenue of $11.23M, an increase of 21.20% over than the figure of $10.60% in the same quarter last year. There is a high estimate of $11.23M for the next quarter, whereas the lowest estimate is $11.23M.

A total of 1 analysts have provided revenue estimates for BTTR’s current fiscal year. The highest revenue estimate was $64.3M, while the lowest revenue estimate was $64.3M, resulting in an average revenue estimate of $64.3M. In the same quarter a year ago, actual revenue was $54.66M, up 17.60% from the average estimate. Based on 1 analysts’ estimates, the company’s revenue will be $72.8M in the next fiscal year. The high estimate is $72.8M and the low estimate is $72.8M. The average revenue growth estimate for next year is up 13.20% from the average revenue estimate for this year.

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