Blue Star Foods Corp (NASDAQ:BSFC) price on current trading day, fall -4.92% below its previous day’s close as a downside momentum from buyers pushed the stock’s value to $0.27.
A look at the stock’s price movement, the level at last check in today’s session was $0.29, moving within a range at $0.251 and $0.2963. The beta value (5-Year monthly) was 2.461. Turning to its 52-week performance, $9.39 and $0.26 were the 52-week high and 52-week low respectively. Overall, BSFC moved -49.72% over the past month.
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Blue Star Foods Corp’s market cap currently stands at around $1.37 million, with investors looking forward to this quarter’s earnings report slated for on 2023-Apr-17.
Turning to the stock’s technical picture we see that short term indicators suggest on average that BSFC is a 100% Sell. On the other hand, the stock is on average a 100% Sell as suggested by medium term indicators while long term indicators are putting the stock in 100% Sell category.
1 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 0 analyst(s) rate the stock as a Hold, 0 recommend BSFC as a Buy and 0 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 1 say it is a Sell. As such, the average rating for the stock is Sell which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
BSFC’s current price about -26.32% and -46.51% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 31.64, while 7-day volatility ratio is 12.16% and 21.57% in the 30-day chart. Further, Blue Star Foods Corp (BSFC) has a beta value of 2.45, and an average true range (ATR) of 0.07.
If we refocus on Blue Star Foods Corp (NASDAQ:BSFC), historical trading data shows that trading volumes averaged 0.9 over the past 10 days and 1.46 million over the past 3 months. The company’s latest data on shares outstanding shows there are 5.03 million shares.
The 6.80% of Blue Star Foods Corp’s shares are in the hands of company insiders while institutional holders own 0.43% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 0.24 million on 2024-10-31, giving us a short ratio of 0.09. The data shows that as of 2024-10-31 short interest in Blue Star Foods Corp (BSFC) stood at 1019.9999999999999 of shares outstanding, with shares short rising to 84396.0 registered in 2024-09-30. Current price change has pushed the stock -96.21% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the BSFC stock continues to rise going into the next quarter.
