In yesterday’s Wall Street session, Blue Star Foods Corp (NASDAQ:BSFC) shares traded at $0.06, up 15.80% from the previous session.
BSFC stock price is now -20.42% away from the 50-day moving average and -72.41% away from the 200-day moving average. The market capitalization of the company currently stands at $3.07M.
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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 $13484.16. 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 $12224.16. A total of 20.98% of the company’s stock is owned by insiders.
During the past 12 months, Blue Star Foods Corp has had a low of $0.04 and a high of $2.70. As of last week, the company has a debt-to-equity ratio of 0.48, a current ratio of 1.24, and a quick ratio of 0.62.
According to the Packaged Foods Company, earnings per share came in at -0.8, missing analysts’ expectations of -0.4 by -0.4. This compares to $4.46 EPS in the same period last year. The net profit margin was -55.71% and return on equity was -236.51% 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.
