Blue Star Foods Corp (NASDAQ:BSFC) shares traded -16.78% lower at $0.31 on Wall Street last session.
BSFC stock price is now -28.29% away from the 50-day moving average and -86.64% away from the 200-day moving average. The market capitalization of the company currently stands at $2.03M.
In other news, Herian Nubar, Director bought 20,000 shares of the company’s stock on Jan 16 ’24. The stock was bought for $2,780 at an average price of $0.14. Upon completion of the transaction, the Director now directly owns 203,736 shares in the company, valued at $63158.16. An SEC document containing details of the transaction can be found on the SEC’s website. On Feb 28 ’24, Director Herian Nubar bought 21,000 shares of the business’s stock. A total of $2,113 was incurred on buying the stock at an average price of $0.10. This leaves the insider owning 224,736 shares of the company worth $69668.16. A total of 3.22% of the company’s stock is owned by insiders.
During the past 12 months, Blue Star Foods Corp has had a low of $0.20 and a high of $8.85. As of last week, the company has a debt-to-equity ratio of 0.26, a current ratio of 1.86, and a quick ratio of 1.06. The fifty day moving average price for BSFC is $0.43706 and a two-hundred day moving average price translates $2.33569 for the stock.
The latest earnings results from Blue Star Foods Corp (NASDAQ: BSFC) was released for 2024-06-30. The net profit margin was -82.34% and return on equity was -187.53% for BSFC. The company reported revenue of $0.88 million for the quarter, compared to $1.56 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -43.41 percent.
