In yesterday’s Wall Street session, Blue Star Foods Corp (NASDAQ:BSFC) shares traded at $0.09, down -4.18% from the previous session.
BSFC stock price is now -16.39% away from the 50-day moving average and -75.06% away from the 200-day moving average. The market capitalization of the company currently stands at $3.73M.
In other news, Herian Nubar, Director bought 21,000 shares of the company’s stock on Feb 28 ’24. The stock was bought for $2,113 at an average price of $0.10. Upon completion of the transaction, the Director now directly owns 224,736 shares in the company, valued at $20226.24. An SEC document containing details of the transaction can be found on the SEC’s website. On Jan 16 ’24, Director Herian Nubar bought 20,000 shares of the business’s stock. A total of $2,780 was incurred on buying the stock at an average price of $0.14. This leaves the insider owning 203,736 shares of the company worth $18336.24. A total of 24.28% of the company’s stock is owned by insiders.
During the past 12 months, Blue Star Foods Corp has had a low of $0.07 and a high of $2.96. As of last week, the company has a debt-to-equity ratio of 0.40, a current ratio of 1.28, and a quick ratio of 0.44. The fifty day moving average price for BSFC is $0.1096 and a two-hundred day moving average price translates $0.3674 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 $4.46 EPS in the same period last year. The net profit margin was -73.01% and return on equity was -662.85% for BSFC. The company reported revenue of $1.01 million for the quarter, compared to $2.06 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -50.9 percent. For the current quarter, analysts expect BSFC to generate $3.69M in revenue.
