The stock of Blue Star Foods Corp (BSFC) has seen a 0.85% increase in the past week, with a -26.80% drop in the past month, and a -55.34% decrease in the past quarter. The volatility ratio for the week is 11.28%, and the volatility levels for the past 30 days are at 20.82% for BSFC. The simple moving average for the past 20 days is -15.36% for BSFC’s stock, with a -78.08% simple moving average for the past 200 days.
Is It Worth Investing in Blue Star Foods Corp (NASDAQ: BSFC) Right Now?
Moreover, the 36-month beta value for BSFC is 2.53. Analysts have varying opinions on the stock, with 0 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for BSFC is 32.15M and currently, short sellers hold a 5.53% of that float. On May 06, 2024, BSFC’s average trading volume was 5.79M shares.
BSFC) stock’s latest price update
Blue Star Foods Corp (NASDAQ: BSFC)’s stock price has plunge by -1.67relation to previous closing price of 0.06. Nevertheless, the company has seen a 0.85% surge in its stock price over the last five trading sessions. InvestorPlace reported 2023-11-20 that Blue Star Foods (NASDAQ: BSFC ) stock is climbing higher on Monday after the company revealed details for its upcoming annual shareholder meeting. The big news here is the company’s meeting will be taking place on Dec. 27, 2023.
BSFC Trading at -33.36% from the 50-Day Moving Average
After a stumble in the market that brought BSFC to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -97.81% of loss for the given period.
Volatility was left at 20.82%, however, over the last 30 days, the volatility rate increased by 11.28%, as shares sank -30.00% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -33.71% lower at present.
During the last 5 trading sessions, BSFC rose by +0.51%, which changed the moving average for the period of 200-days by -94.61% in comparison to the 20-day moving average, which settled at $0.0685. In addition, Blue Star Foods Corp saw -59.03% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at BSFC starting from Herian Nubar, who purchase 21,000 shares at the price of $0.10 back on Feb 28 ’24. After this action, Herian Nubar now owns 224,736 shares of Blue Star Foods Corp, valued at $2,113 using the latest closing price.
Herian Nubar, the Director of Blue Star Foods Corp, purchase 20,000 shares at $0.14 during a trade that took place back on Jan 16 ’24, which means that Herian Nubar is holding 203,736 shares at $2,780 based on the most recent closing price.
Stock Fundamentals for BSFC
Current profitability levels for the company are sitting at:
- -0.7 for the present operating margin
- -0.07 for the gross margin
The net margin for Blue Star Foods Corp stands at -0.95. The total capital return value is set at -1.35. Equity return is now at value -662.85, with -59.46 for asset returns.
Based on Blue Star Foods Corp (BSFC), the company’s capital structure generated 0.27 points at debt to capital in total, while cash flow to debt ratio is standing at -3.76. The debt to equity ratio resting at 0.36. The interest coverage ratio of the stock is -2.41.
Currently, EBITDA for the company is -4.23 million with net debt to EBITDA at -0.24. When we switch over and look at the enterprise to sales, we see a ratio of 0.55. The receivables turnover for the company is 11.46for trailing twelve months and the total asset turnover is 0.96. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.28.
Conclusion
To wrap up, the performance of Blue Star Foods Corp (BSFC) has been bad in recent times. The stock has received a mixed of “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
