Stryve Foods Inc (NASDAQ: SNAX) kicked off on Monday, up 4.86% from the previous trading day, before settling in for the closing price of $0.90. Over the past 52 weeks, SNAX has traded in a range of $0.76-$3.45.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
It was noted that within the last five years, the titan of the Consumer Defensive sector saw sales topped by 7.12%. While this was happening, its average annual earnings per share was recorded 44.82%. With a float of $1.94 million, this company’s outstanding shares have now reached $2.25 million.
The extent of productivity of a business whose workforce counts for 86 workers is very important to gauge. In terms of profitability, gross margin is -14.91%, operating margin of -59.47%, and the pretax margin is -95.04%.
Stryve Foods Inc (SNAX) Insider Updates
Our next focus will be how large-scale investors are participating in this stock of the Packaged Foods Industry. The insider ownership of Stryve Foods Inc is 48.25%, while institutional ownership is 7.03%. The most recent insider transaction that took place on Dec 13 ’23, was worth 7,047. In this transaction CEO of this company bought 3,000 shares at a rate of $2.35, taking the stock ownership to the 323,938 shares. Before that another transaction happened on Dec 12 ’23, when Company’s CEO bought 1,250 for $2.29, making the entire transaction worth $2,864. This insider now owns 320,938 shares in total.
Stryve Foods Inc (SNAX) Performance Highlights and Predictions
In the latest quarterly report, which was put into the public domain on 6/30/2024, the organization reported -1.81 earnings per share (EPS), lower than consensus estimate (set at -1.65) by -0.16. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.77 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 44.82% per share during the next fiscal year.
Stryve Foods Inc (NASDAQ: SNAX) Trading Performance Indicators
Take a look at Stryve Foods Inc’s (SNAX) current performance indicators. Last quarter, stock had a quick ratio of 0.19. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.20.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -6.65, a number that is poised to hit -1.01 in the next quarter
Technical Analysis of Stryve Foods Inc (SNAX)
The latest stats from [Stryve Foods Inc, SNAX] show that its last 5-days average volume of 0.75 million was superior to 62738.0 than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 48.67%. Additionally, its Average True Range was 0.16.
During the past 100 days, Stryve Foods Inc’s (SNAX) raw stochastic average was set at 11.64%, which indicates a significant decrease from 28.04% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 134.10% in the past 14 days, which was higher than the 100.13% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.3827, while its 200-day Moving Average is $1.5540. Now, the first resistance to watch is $1.2750. This is followed by the second major resistance level at $1.6074. The third major resistance level sits at $1.8049. If the price goes on to break the first support level at $0.7451, it is likely to go to the next support level at $0.5476. Assuming the price breaks the second support level, the third support level stands at $0.2152.
Stryve Foods Inc (NASDAQ: SNAX) Key Stats
The company with the Market Capitalisation of 3.53 million has total of 3,287K Shares Outstanding. Its annual sales at the moment are 17,710 K in contrast with the sum of -19,040 K annual income. Company’s last quarter sales were recorded 6,180 K and last quarter income was -2,960 K.
