Blue Star Foods Corp (NASDAQ: BSFC) on Monday, soared 4.45% from the previous trading day, before settling in for the closing price of $0.38. Within the past 52 weeks, BSFC’s price has moved between $0.34 and $10.40.
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Consumer Defensive Sector giant saw their annual sales slid by -18.82% over the last five years. With a float of $2.34 million, this company’s outstanding shares have now reached $2.51 million.
The firm has a total of 39 workers. Let’s measure their productivity. In terms of profitability, gross margin is -13.66%, operating margin of -57.05%, and the pretax margin is -60.59%.
Blue Star Foods Corp (BSFC) Insider Activity
Observing investor behavior towards Packaged Foods industry stocks is more important than anything else. The insider ownership of Blue Star Foods Corp is 6.80%, while institutional ownership is 0.32%. The most recent insider transaction that took place on Jan 16 ’24, was worth 2,780. In this transaction Director of this company bought 20,000 shares at a rate of $0.14, taking the stock ownership to the 203,736 shares. Before that another transaction happened on Feb 28 ’24, when Company’s Director bought 21,000 for $0.10, making the entire transaction worth $2,113. This insider now owns 224,736 shares in total.
Blue Star Foods Corp (BSFC) Earnings and Forecasts
As on 12/31/2022, Multinational firm has announced its last quarter scores, in which it reported -0.8 earnings per share (EPS) for the period falling under the consensus outlook (set at -0.4) by -0.4. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0 per share during the current fiscal year.
Blue Star Foods Corp (NASDAQ: BSFC) Trading Performance Indicators
Blue Star Foods Corp (BSFC) is currently performing well based on its current performance indicators. A quick ratio of 0.97 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.15.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -11.43
Technical Analysis of Blue Star Foods Corp (BSFC)
Analysing the last 5-days average volume posted by the [Blue Star Foods Corp, BSFC], we can find that recorded value of 4.0 million was better than the volume posted last year of 0.86 million. As of the previous 9 days, the stock’s Stochastic %D was 16.96%. Additionally, its Average True Range was 0.11.
During the past 100 days, Blue Star Foods Corp’s (BSFC) raw stochastic average was set at 1.75%, which indicates a significant decrease from 15.53% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 202.12% in the past 14 days, which was higher than the 141.85% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $0.7333, while its 200-day Moving Average is $3.0282. Now, the first resistance to watch is $0.4336. This is followed by the second major resistance level at $0.4683. The third major resistance level sits at $0.4975. If the price goes on to break the first support level at $0.3697, it is likely to go to the next support level at $0.3405. Should the price break the second support level, the third support level stands at $0.3058.
Blue Star Foods Corp (NASDAQ: BSFC) Key Stats
Market capitalization of the company is 1.00 million based on 1,053K outstanding shares. Right now, sales total 6,120 K and income totals -4,470 K. The company made 1,780 K in profit during its latest quarter, and -1,840 K in sales during its previous quarter.
