Market Insights: BranchOut Food Inc (BOF)’s Notable Gain of 1.86, Closing at 1.64

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As of close of business last night, BranchOut Food Inc’s stock clocked out at $1.64, up 1.86% from its previous closing price of $1.61. In other words, the price has increased by $1.86 from its previous closing price. On the day, 58836.0 shares were traded. BOF stock price reached its highest trading level at $1.64 during the session, while it also had its lowest trading level at $1.58.

Ratios:

To gain a deeper understanding of BOF’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.95 and its Current Ratio is at 1.27. In the meantime, Its Debt-to-Equity ratio is 4.62 whereas as Long-Term Debt/Eq ratio is at 3.55.

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 Aug 26 ’24 when Jones Byron Riche bought 2,955 shares for $0.65 per share. The transaction valued at 1,921 led to the insider holds 148,789 shares of the business.

Jones Byron Riche bought 41,755 shares of BOF for $41,337 on Jul 22 ’24. The Director now owns 145,834 shares after completing the transaction at $0.99 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, BOF now has a Market Capitalization of 12879248 and an Enterprise Value of 15830078. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.91 while its Price-to-Book (P/B) ratio in mrq is 7.18. Its current Enterprise Value per Revenue stands at 3.035 whereas that against EBITDA is -4.201.

Stock Price History:

Over the past 52 weeks, BOF has reached a high of $4.11, while it has fallen to a 52-week low of $0.61. The 50-Day Moving Average of the stock is -6.09%, while the 200-Day Moving Average is calculated to be 4.40%.

Shares Statistics:

It appears that BOF traded 394.28K shares on average per day over the past three months and 124810 shares per day over the past ten days. A total of 6.92M shares are outstanding, with a floating share count of 5.44M. Insiders hold about 30.73% of the company’s shares, while institutions hold 3.27% stake in the company. Shares short for BOF as of 1730332800 were 307337 with a Short Ratio of 0.47, compared to 1727654400 on 153458. Therefore, it implies a Short% of Shares Outstanding of 307337 and a Short% of Float of 9.17.

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