In the last trading session, 3.48 million Blue Star Foods Corp (NASDAQ:BSFC) shares changed hands as the company’s beta touched 2.42. With the company’s per share price at $0.14 changed hands at $0.02 or 18.21% during last session, the market valuation stood at $0.57M. BSFC’s last price was a discount, traded about -11757.14% off its 52-week high of $16.60. The share price had its 52-week low at $0.10, which suggests the last value was 28.57% up since then. When we look at Blue Star Foods Corp’s average trading volume, we note the 10-day average is 5.01 million shares, with the 3-month average coming to 2.04 million.
Analysts gave the Blue Star Foods Corp (BSFC) stock a consensus recommendation rating of a Buy, calculated at a mean rating of 1.00. If we narrow down to specifics, the data shows that 0 out of 1 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 0 recommended BSFC as a Hold, 1 felt it is a Buy and 0 rated the stock as Underweight. Blue Star Foods Corp’s EPS for the current quarter is expected to be $0.
Blue Star Foods Corp (NASDAQ:BSFC) trade information
Instantly BSFC was in green as seen at the end of in last trading. With action -4.39%, the performance over the past five days has been red. The jump to weekly highs of 0.2080 on Friday, 11/17/23 added 18.21% to the stock’s daily price. The company’s shares are showing year-to-date downside of -98.27%, with the 5-day performance at -4.39% in the red. However, in the 30-day time frame, Blue Star Foods Corp (NASDAQ:BSFC) is -18.55% down. Looking at the short shares, we see there were 0.34 million shares sold at short interest cover period of 0.16 days.
The consensus price target for the stock as assigned by Wall Street analysts is $20.00, meaning bulls need an upside of 99.3% from its current market value. According to analyst projections, BSFC’s forecast low is $20.00 with $20.00 as the target high. To hit the forecast high, the stock’s price needs a -14185.71% plunge from its current level, while the stock would need to soar -14185.71% for it to hit the projected low.
Blue Star Foods Corp (BSFC) estimates and forecasts
Year-over-year growth is forecast to reach -13.80% down from the last financial year.
The company’s revenue for the corresponding quarters a year ago was $5.32 million and $2.96 million respectively.
Blue Star Foods Corp is expected to release its next quarterly earnings report between November 20 and November 23.
Blue Star Foods Corp (NASDAQ:BSFC)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 29.72% of Blue Star Foods Corp shares while 1.23% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 1.74%. There are 1.23% institutions holding the Blue Star Foods Corp stock share, with UBS Group AG the top institutional holder. As of Jun 29, 2023, the company held 0.05% of the shares, roughly 1848.0 BSFC shares worth $2106.0.
Among Mutual Funds, the top two as of May 30, 2023 were Fidelity Extended Market Index Fund and Fidelity Series Total Market Index Fund. With 2555.0 shares estimated at $5018.0 under it, the former controlled 0.08% of total outstanding shares. On the other hand, Fidelity Series Total Market Index Fund held about 0.02% of the shares, roughly 526.0 shares worth around $1033.0.