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After finishing at $0.53 in the prior trading day, Blue Star Foods Corp (NASDAQ: BSFC) closed at $0.53, down -0.04%. In other words, the price has decreased by -$0.04 from its previous closing price. On the day, 4.99 million shares were traded. BSFC stock price reached its highest trading level at $0.5817 during the session, while it also had its lowest trading level at $0.5002.
Ratios:
Our goal is to gain a better understanding of BSFC by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.97 and its Current Ratio is at 1.78. In the meantime, Its Debt-to-Equity ratio is 0.28 whereas as Long-Term Debt/Eq ratio is at 0.06.
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 Jan 16 ’24 when Herian Nubar bought 20,000 shares for $0.14 per share. The transaction valued at 2,780 led to the insider holds 203,736 shares of the business.
Herian Nubar bought 21,000 shares of BSFC for $2,113 on Feb 28 ’24. The Director now owns 224,736 shares after completing the transaction at $0.10 per share. On Jan 02 ’24, another insider, Herian Nubar, who serves as the Director of the company, bought 5,000 shares for $0.15 each. As a result, the insider paid 742 and bolstered with 183,736 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, BSFC now has a Market Capitalization of 1330571 and an Enterprise Value of 2524469. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.20 while its Price-to-Book (P/B) ratio in mrq is 0.26. Its current Enterprise Value per Revenue stands at 0.382 whereas that against EBITDA is -0.671.
Stock Price History:
Over the past 52 weeks, BSFC has reached a high of $13.30, while it has fallen to a 52-week low of $0.45. The 50-Day Moving Average of the stock is -44.00%, while the 200-Day Moving Average is calculated to be -84.55%.
Shares Statistics:
The stock has traded on average 929.91K shares per day over the past 3-months and 786860 shares per day over the last 10 days, according to various share statistics. A total of 2.51M shares are outstanding, with a floating share count of 2.34M. Insiders hold about 6.80% of the company’s shares, while institutions hold 0.32% stake in the company. Shares short for BSFC as of 1727654400 were 84396 with a Short Ratio of 0.09, compared to 1724976000 on 142494. Therefore, it implies a Short% of Shares Outstanding of 84396 and a Short% of Float of 3.54.