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In the latest session, Blue Star Foods Corp (NASDAQ: BSFC) closed at $0.23 up 2.71% from its previous closing price of $0.22. In other words, the price has increased by $2.71 from its previous closing price. On the day, 0.82 million shares were traded. BSFC stock price reached its highest trading level at $0.239 during the session, while it also had its lowest trading level at $0.22.
Ratios:
For a deeper understanding of Blue Star Foods Corp’s stock, let’s take a closer look at its various 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:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. 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 1801079 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 0.17. 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 $9.21, while it has fallen to a 52-week low of $0.20. The 50-Day Moving Average of the stock is -50.02%, while the 200-Day Moving Average is calculated to be -90.52%.
Shares Statistics:
For the past three months, BSFC has traded an average of 1.54M shares per day and 2097440 over the past ten days. A total of 7.93M shares are outstanding, with a floating share count of 7.68M. Insiders hold about 3.22% of the company’s shares, while institutions hold 0.83% stake in the company. Shares short for BSFC as of 1730332800 were 243379 with a Short Ratio of 0.16, compared to 1727654400 on 84396. Therefore, it implies a Short% of Shares Outstanding of 243379 and a Short% of Float of 10.2.
