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Blue Star Foods Corp Inc. (BSFC) Price Performance: The Role of Supply and Demand

Depending on how one views it, the stock price performance for the year has been a mixed bag, resulting in either an optimistic or pessimistic outlook. The metric has seen a significant loss of -60.42% since the start of this calendar year. Looking back over the last six months, we can see a stronger performance of -56.69%. Over the past 30 days, the price of BSFC has leaped by -29.28%. And in the last five days, it has fallen by -2.56%.

Blue Star Foods Corp experienced a rather shaky stock market performance. The highest value in the past year was recorded at $2.70 on 05/17/23 and the lowest value was $0.05 on 05/06/24.

52-week price history of BSFC Stock

Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. Blue Star Foods Corp’s current trading price is -97.89% away from its 52-week high, while its distance from the 52-week low is 6.94%. The stock’s price range during this period has varied between$0.05 and $2.70. The Blue Star Foods Corp’s shares, which operate in the Consumer Defensive, saw a trading volume of around 2.79 million for the day, a figure considerably lower than their average daily volume of 5.79 million over last three months.

Market Capitalization vs. Financial Performance: A Comparative Study

Blue Star Foods Corp (BSFC) has experienced a quarterly decline of -56.85% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 2.32M and boasts a workforce of 39 employees.

Combining Moving Average and Trading Volume Data for Better Market Insight

Based on Barchart.com data, the company’s moving average over the 100-day period was 0.1128, with a change in price of -0.1082. Similarly, Blue Star Foods Corp recorded 4,047,411 in trading volume during the last 100 days, posting a change of -65.50%.

BSFC’s Debt-to-Equity Ratio Cause for Concern? An In-Depth Look

The debt-to-equity (D/E) ratio is a significant metric that provides insights into a company’s financial state and market presence. By dividing a company’s current liabilities by its shareholders’ equity, the D/E ratio depicts the extent of debt used by a company to fund its assets relative to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for BSFC stands at 0.40. Similarly, the long-term debt-to-equity ratio is also 0.22.

BSFC Stock Stochastic Average

As of today, Blue Star Foods Corp’s raw stochastic average for the last 50 days stands at 12.03%. This is a decline compared to the raw stochastic average of the previous 20 days, which was noted at 13.45%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 8.54% and 5.84%, respectively.

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