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The closing price of BranchOut Food Inc (NASDAQ: BOF) was $1.71 for the day, down -2.29% from the previous closing price of $1.75. In other words, the price has decreased by -$2.29 from its previous closing price. On the day, 96247.0 shares were traded. BOF stock price reached its highest trading level at $1.755 during the session, while it also had its lowest trading level at $1.62.
Ratios:
Our analysis of BOF’s different ratios will help us gain a deeper understanding of the company. 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:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. 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 13428972 and an Enterprise Value of 15830078. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.82 while its Price-to-Book (P/B) ratio in mrq is 7.77. 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 -3.00%, while the 200-Day Moving Average is calculated to be 5.05%.
Shares Statistics:
BOF traded an average of 7.16M shares per day over the past three months and 109670 shares per day over the past ten days. A total of 6.92M shares are outstanding, with a floating share count of 4.51M. Insiders hold about 34.85% of the company’s shares, while institutions hold 3.71% stake in the company. Shares short for BOF as of 1730332800 were 307337 with a Short Ratio of 0.03, compared to 1727654400 on 153458. Therefore, it implies a Short% of Shares Outstanding of 307337 and a Short% of Float of 9.17.
