Stocks of Blue Star Foods Corp (NASDAQ:BSFC) traded higher last session on Wall Street, down -8.39% to $0.15.
According to the data, Blue Star Foods Corp (NASDAQ:BSFC) has 1 analysts covering its stock. The consensus rating among analysts is ‘Buy’. As we calculate the median target price by taking the range between a high of $20.00 and a low of $20.00, we find $20.00. Given the previous closing price of $0.17, this indicates a potential upside of 11664.71 percent. BSFC stock price is now -23.46% away from the 50-day moving average and -90.62% away from the 200-day moving average. The market capitalization of the company currently stands at $0.64M.
A total of 0 analysts have issued a hold rating and 1 have given it a buy rating. Brokers who have rated the stock have averaged $20.00 as their price target over the next twelve months.
In other news, Herian Nubar, Director bought 1,672 shares of the company’s stock on Dec 13. The stock was bought for $736 at an average price of $0.44. Upon completion of the transaction, the Director now directly owns 40,005 shares in the company, valued at $6000.75. An SEC document containing details of the transaction can be found on the SEC’s website. On Dec 12, Director Herian Nubar bought 1,493 shares of the business’s stock. A total of $12,359 was incurred on buying the stock at an average price of $8.28. This leaves the insider owning 38,333 shares of the company worth $5749.95. A total of 26.14% of the company’s stock is owned by insiders.
Tuesday’s opening bell rang with an opening price of $0.1580 for Blue Star Foods Corp (NASDAQ: BSFC). During the past 12 months, Blue Star Foods Corp has had a low of $0.10 and a high of $16.40. As of last week, the company has a debt-to-equity ratio of 3.73, a current ratio of 0.80, and a quick ratio of 0.44. The fifty day moving average price for BSFC is $0.2013 and a two-hundred day moving average price translates $1.6422 for the stock.
The latest earnings results from Blue Star Foods Corp (NASDAQ: BSFC) was released for Sep, 2023. According to the Packaged Foods Company, earnings per share came in at -$1.6, missing analysts’ expectations of -$0.2 by -1.4. This compares to -$2.97 EPS in the same period last year. The net profit margin was -150.82% and return on equity was -372.39% for BSFC. The company reported revenue of $1.56 million for the quarter, compared to $2.43 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -35.69 percent.
Blue Star Foods Corp(BSFC) Company Profile
Blue Star Foods Corp., through its subsidiaries, operates as a marine protein company in the United States and Canada. The company imports, packages, and sells refrigerated pasteurized various crab meats sourced primarily from Southeast Asia; and other premium seafood products. It sells its products primarily to food service distributors, as well as wholesalers, retail establishments, and seafood distributors under the Blue Star, Pacifika, Oceanica, Crab & Go Premium Seafood, Lubkin, First Choice, Good Stuff, Coastal Pride Fresh, and Little Cedar Falls brands. Blue Star Foods Corp. was formerly known as John Keeler & Co. Inc. The company was incorporated in 1995 and is based in Miami, Florida.
