The stock of Blue Star Foods Corp (NASDAQ:BSFC) last traded at $1.12, up 7.69% from the previous session.
BSFC stock price is now -43.83% away from the 50-day moving average and -76.11% away from the 200-day moving average. The market capitalization of the company currently stands at $2.81M.
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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 $0.23 million. 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 $0.25 million. A total of 7.17% of the company’s stock is owned by insiders.
During the past 12 months, Blue Star Foods Corp has had a low of $1.01 and a high of $66.00. As of last week, the company has a debt-to-equity ratio of 0.28, a current ratio of 1.78, and a quick ratio of 0.97. The fifty day moving average price for BSFC is $1.9661 and a two-hundred day moving average price translates $4.663825 for the stock.
The latest earnings results from Blue Star Foods Corp (NASDAQ: BSFC) was released for 2024-03-31. The net profit margin was -60.59% and return on equity was -174.10% for BSFC. The company reported revenue of $1.78 million for the quarter, compared to $1.66 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 7.31 percent.
