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BSFC’s Debt-to-Equity Ratio at 0.26: What It Means for Blue Star Foods Corp’s Future

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The market performance of Blue Star Foods Corp’s stock has been turbulent in recent times. Over the last year, the company’s stock reached its highest point at $8.85 on 11/27/23, while the lowest value for the same duration was $0.20 on 11/20/24.

52-week price history of BSFC Stock

Studying a stock’s 52-week price history, which includes both low and high prices, can help gauge its current status and potential future performance. Blue Star Foods Corp’s current trading price is -95.82% away from its 52-week high, while its distance from the 52-week low is 85.00%. The stock’s price range during the 52-week period has remained between $0.20 and $8.85. In the Consumer Defensive sector, the company’s shares saw a trading volume of around 65.83 million for the day, which was evidently higher than the average daily volume of 1.52 million over the past three months.

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Market Capitalization and Financial Performance: An In-Depth Look

Blue Star Foods Corp (BSFC) has experienced a quarterly decline of -66.36% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 2.94M and boasts a workforce of 39 employees.

Making Sense of Trading Volume and Moving Average Data

Based on Barchart.com data, the company’s moving average over the 100-day period was 0.9494, with a change in price of -1.4900. Similarly, Blue Star Foods Corp recorded 2,159,314 in trading volume during the last 100 days, posting a change of -80.11%.

Examining BSFC’s Debt-to-Equity Ratio: What You Need to Know

The debt-to-equity (D/E) ratio is a crucial measure that sheds light on a company’s financial health and market standing. It is determined by dividing a company’s overall liabilities by its shareholders’ equity, showing the extent of a company’s debt usage in financing its assets compared to the shareholders’ equity. At the time of writing, the total D/E ratio for BSFC stands at 0.26. Similarly, the long-term debt-to-equity ratio is also 0.04.

BSFC Stock Stochastic Average

As of today, Blue Star Foods Corp’s raw stochastic average for the last 50 days stands at 31.96%. This is a decline compared to the raw stochastic average of the previous 20 days, which was noted at 61.37%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 30.71% and 16.64%, respectively.

BSFC Stock Price Performance Analysis

Investors’ outlook regarding the stock price performance over the year has been split, with some feeling optimistic and others feeling pessimistic, as it’s been a mixed bag. Until today this year the stock’s price performance recorded a decrease of -94.86%. However, over the last six months, the performance has been stronger by -84.58%. The price of BSFC decreased -7.27% over the last 30 days. And in the last five days, it has surged by 68.95%.

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