Better Choice Company Inc (AMEX:BTTR) shares traded 9.76% higher at $4.50 on Wall Street last session.
BTTR stock price is now -20.40% away from the 50-day moving average and -47.72% away from the 200-day moving average. The market capitalization of the company currently stands at $4.00M.
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In other news, Young Michael, Director bought 20,000 shares of the company’s stock on Sep 07 ’23. The stock was bought for $2,578 at an average price of $0.13. Upon completion of the transaction, the Director now directly owns 112,500 shares in the company, valued at $0.51 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Sep 07 ’23, Director Young Michael bought 20,000 shares of the business’s stock. A total of $2,578 was incurred on buying the stock at an average price of $0.13. This leaves the insider owning 112,500 shares of the company worth $0.51 million. A total of 46.18% of the company’s stock is owned by insiders.
During the past 12 months, Better Choice Company Inc has had a low of $2.87 and a high of $25.52. As of last week, the company has a debt-to-equity ratio of 4.76, a current ratio of 1.02, and a quick ratio of 0.66. The fifty day moving average price for BTTR is $5.57504 and a two-hundred day moving average price translates $7.91556 for the stock.
The latest earnings results from Better Choice Company Inc (AMEX: BTTR) was released for 2024-03-31. According to the Packaged Foods Company, earnings per share came in at -9.68, missing analysts’ expectations of -6.82 by -2.86. This compares to -$5.03 EPS in the same period last year. The net profit margin was -59.36% and return on equity was -220.82% for BTTR. The company reported revenue of $7.9 million for the quarter, compared to $9.24 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -14.44 percent. For the current quarter, analysts expect BTTR to generate $13.12M in revenue.
