Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
As of close of business last night, Blue Star Foods Corp’s stock clocked out at $0.26, down -10.36% from its previous closing price of $0.29. In other words, the price has decreased by -$10.36 from its previous closing price. On the day, 12.27 million shares were traded. BSFC stock price reached its highest trading level at $0.2963 during the session, while it also had its lowest trading level at $0.25.
Ratios:
To gain a deeper understanding of BSFC’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.06 and its Current Ratio is at 1.86. In the meantime, Its Debt-to-Equity ratio is 0.26 whereas as Long-Term Debt/Eq ratio is at 0.04.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. 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 645445 and an Enterprise Value of 1905934. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.31 while its Price-to-Book (P/B) ratio in mrq is 0.19. Its current Enterprise Value per Revenue stands at 0.288 whereas that against EBITDA is -0.507.
Stock Price History:
Over the past 52 weeks, BSFC has reached a high of $9.39, while it has fallen to a 52-week low of $0.26. The 50-Day Moving Average of the stock is -49.54%, while the 200-Day Moving Average is calculated to be -89.93%.
Shares Statistics:
It appears that BSFC traded 1.46M shares on average per day over the past three months and 2040170 shares per day over the past ten days. A total of 5.03M shares are outstanding, with a floating share count of 4.86M. Insiders hold about 3.39% of the company’s shares, while institutions hold 0.82% stake in the company. Shares short for BSFC as of 1730332800 were 243379 with a Short Ratio of 0.17, compared to 1727654400 on 84396. Therefore, it implies a Short% of Shares Outstanding of 243379 and a Short% of Float of 10.2.