Let’s start up with the current stock price of Stryve Foods Inc. (SNAX), which is $0.91 to be very precise. The Stock rose vividly during the last session to $0.98 after opening rate of $0.88 while the lowest price it went was recorded $0.8401 before closing at $0.88.Recently in News on April 26, 2022, Stryve Foods, Inc. Announces Timing of First Quarter 2022 Results Call on May 12, 2022. Stryve Foods, Inc. (“Stryve” or “the Company”) (NASDAQ: SNAX), an emerging healthy snack and eating platform disrupting traditional consumer packaged goods (CPG) categories, and a leader in the air-dried meat snack industry in the United States, today announced that the Company will release its first quarter 2022 financial results after market close, on Thursday, May 12, 2022. Following the release, Joe Oblas, Co-Founder and CEO, and Alex Hawkins, Chief Financial Officer, will host the conference call at 4:30 PM Eastern Time. You can read further details here
Stryve Foods Inc. had a pretty Dodgy run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $4.0600 on 01/03/22, with the lowest value was $0.8250 for the same time period, recorded on 05/09/22.
Stryve Foods Inc. (SNAX) full year performance was -91.04%
Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, Stryve Foods Inc. shares are logging -91.50% during the 52-week period from high price, and 10.30% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $0.82 and $10.70.
The company’s shares, operating in the sector of Consumer Defensive managed to top a trading volume set approximately around 544130 for the day, which was evidently higher, when compared to the average daily volumes of the shares.
When it comes to the year-to-date metrics, the Stryve Foods Inc. (SNAX) recorded performance in the market was -76.96%, having the revenues showcasing -63.89% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 22.64M, as it employees total of 224 workers.
Specialists analysis on Stryve Foods Inc. (SNAX)
During the last month, 1 analysts gave the Stryve Foods Inc. a BUY rating, 0 of the polled analysts branded the stock as an OVERWEIGHT, 0 analysts were recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 of the polled analysts provided SELL rating.
According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 2.3435, with a change in the price was noted -2.83. In a similar fashion, Stryve Foods Inc. posted a movement of -75.67% for the period of last 100 days, recording 454,082 in trading volumes.
Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for SNAX is recording 0.43 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.01.
Trends and Technical analysis: Stryve Foods Inc. (SNAX)
Raw Stochastic average of Stryve Foods Inc. in the period of last 50 days is set at 3.87%. The result represents downgrade in oppose to Raw Stochastic average for the period of the last 20 days, recording 26.15%. In the last 20 days, the company’s Stochastic %K was 17.14% and its Stochastic %D was recorded 11.91%.
Now, considering the stocks previous presentation, multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be encouraging, given the fact the metric is recording -76.96%. Additionally, trading for the stock in the period of the last six months notably deteriorated by -82.96%, alongside a downfall of -91.04% for the period of the last 12 months. The shares increased approximately by 0.89% in the 7-day charts and went up by -24.17% in the period of the last 30 days. Common stock shares were lifted by -63.89% during last recorded quarter.