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In the latest session, Blue Star Foods Corp (NASDAQ: BSFC) closed at $1.12 up 7.69% from its previous closing price of $1.04. In other words, the price has increased by $7.69 from its previous closing price. On the day, 6.31 million shares were traded. BSFC stock price reached its highest trading level at $1.45 during the session, while it also had its lowest trading level at $0.9835.
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 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:
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 2812835 and an Enterprise Value of 2434871. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.43 while its Price-to-Book (P/B) ratio in mrq is 0.55. Its current Enterprise Value per Revenue stands at 0.375 whereas that against EBITDA is -0.591.
Stock Price History:
Over the past 52 weeks, BSFC has reached a high of $66.00, while it has fallen to a 52-week low of $1.01. The 50-Day Moving Average of the stock is -43.83%, while the 200-Day Moving Average is calculated to be -76.11%.
Shares Statistics:
For the past three months, BSFC has traded an average of 1.58M shares per day and 737800 over the past ten days. A total of 2.51M shares are outstanding, with a floating share count of 2.33M. Insiders hold about 7.17% of the company’s shares, while institutions hold 0.32% stake in the company. Shares short for BSFC as of 1722384000 were 60345 with a Short Ratio of 0.04, compared to 1719532800 on 541342. Therefore, it implies a Short% of Shares Outstanding of 60345 and a Short% of Float of 2.6700001.
