Stryve Foods Inc (NASDAQ: SNAX) has seen a rise in its stock price by 3.45 in relation to its previous close of 0.64. However, the company has experienced a 2.19% gain in its stock price over the last five trading sessions. zacks.com reported 2024-12-10 that Tap five stocks with increasing P/E ratios to try out an out-of-the-box approach. These stocks include Stryve Foods, Nevro, Canoo, MSA Safety and VTEX.
Is It Worth Investing in Stryve Foods Inc (NASDAQ: SNAX) Right Now?
Company’s 36-month beta value is 1.08.Analysts have differing opinions on the stock, with 1 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
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The public float for SNAX is 2.54M, and currently, short sellers hold a 3.56% ratio of that floaft. The average trading volume of SNAX on December 27, 2024 was 161.50K shares.
SNAX’s Market Performance
SNAX’s stock has seen a 2.19% increase for the week, with a -29.48% drop in the past month and a -58.09% fall in the past quarter. The volatility ratio for the week is 7.92%, and the volatility levels for the past 30 days are at 9.90% for Stryve Foods Inc The simple moving average for the past 20 days is -12.58% for SNAX’s stock, with a -53.52% simple moving average for the past 200 days.
SNAX Trading at -21.17% from the 50-Day Moving Average
After a stumble in the market that brought SNAX to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -77.56% of loss for the given period.
Volatility was left at 9.90%, however, over the last 30 days, the volatility rate increased by 7.92%, as shares sank -26.43% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -23.73% lower at present.
During the last 5 trading sessions, SNAX rose by +2.19%, which changed the moving average for the period of 200-days by -47.87% in comparison to the 20-day moving average, which settled at $0.7574. In addition, Stryve Foods Inc saw -74.53% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for SNAX
Current profitability levels for the company are sitting at:
- -0.6 for the present operating margin
- -0.0 for the gross margin
The net margin for Stryve Foods Inc stands at -0.79. The total capital return value is set at -1.38. Equity return is now at value -575.44, with -45.80 for asset returns.
Based on Stryve Foods Inc (SNAX), the company’s capital structure generated -0.0 points at debt to capital in total, while cash flow to debt ratio is standing at -0.39. The debt to equity ratio resting at -0.0. The interest coverage ratio of the stock is -3.59.
Currently, EBITDA for the company is -12.79 million with net debt to EBITDA at -2.88. When we switch over and look at the enterprise to sales, we see a ratio of 1.58. The receivables turnover for the company is 6.78for trailing twelve months and the total asset turnover is 0.62. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.38.
Conclusion
In a nutshell, Stryve Foods Inc (SNAX) has experienced a bad performance in recent times. The stock has received mixed “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.
