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Stryve Foods Inc (NASDAQ: SNAX) closed the day trading at $0.99 down -24.47% from the previous closing price of $1.31. In other words, the price has decreased by -$24.47 from its previous closing price. On the day, 1.51 million shares were traded. SNAX stock price reached its highest trading level at $1.26 during the session, while it also had its lowest trading level at $0.95.
Ratios:
For a better understanding of SNAX, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.19 and its Current Ratio is at 0.42.
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 Dec 13 ’23 when Boever Christopher J. bought 3,000 shares for $2.35 per share. The transaction valued at 7,047 led to the insider holds 323,938 shares of the business.
Boever Christopher J. bought 1,250 shares of SNAX for $2,864 on Dec 12 ’23. The CEO now owns 320,938 shares after completing the transaction at $2.29 per share. On Dec 01 ’23, another insider, Boever Christopher J., who serves as the CEO of the company, bought 3,500 shares for $2.87 each. As a result, the insider paid 10,059 and bolstered with 319,688 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, SNAX now has a Market Capitalization of 4023138 and an Enterprise Value of 30437730. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.20. Its current Enterprise Value per Revenue stands at 1.706 whereas that against EBITDA is -2.749.
Stock Price History:
The Beta on a monthly basis for SNAX is 1.05, which has changed by -0.64551973 over the last 52 weeks, in comparison to a change of 0.33556926 over the same period for the S&P500. Over the past 52 weeks, SNAX has reached a high of $3.45, while it has fallen to a 52-week low of $1.04. The 50-Day Moving Average of the stock is -36.72%, while the 200-Day Moving Average is calculated to be -39.95%.
Shares Statistics:
Over the past 3-months, SNAX traded about 34.47K shares per day on average, while over the past 10 days, SNAX traded about 235330 shares per day. A total of 2.25M shares are outstanding, with a floating share count of 1.90M. Insiders hold about 48.35% of the company’s shares, while institutions hold 7.15% stake in the company. Shares short for SNAX as of 1727654400 were 177880 with a Short Ratio of 5.16, compared to 1724976000 on 37023. Therefore, it implies a Short% of Shares Outstanding of 177880 and a Short% of Float of 6.909999999999999.
Earnings Estimates
At present, 1.0 analysts are actively evaluating the performance of Stryve Foods Inc (SNAX) in the stock market.The consensus estimate for the next quarter is -$0.77, with high estimates of -$0.77 and low estimates of -$0.77.
Analysts are recommending an EPS of between -$4.05 and -$4.05 for the fiscal current year, implying an average EPS of -$4.05.
Revenue Estimates
1 analysts predict $6.26M in revenue for the current quarter. It ranges from a high estimate of $6.26M to a low estimate of $6.26M. As of the current estimate, Stryve Foods Inc’s year-ago sales were $4.18MFor the next quarter, 1 analysts are estimating revenue of $6.98M. There is a high estimate of $6.98M for the next quarter, whereas the lowest estimate is $6.98M.
A total of 1 analysts have provided revenue estimates for SNAX’s current fiscal year. The highest revenue estimate was $24.02M, while the lowest revenue estimate was $24.02M, resulting in an average revenue estimate of $24.02M. In the same quarter a year ago, actual revenue was $17.71M
