This Is A Time To Invest In Blue Star Foods Corp (NASDAQ: BSFC)

Blue Star Foods Corp (NASDAQ:BSFC)’s traded shares stood at 1.05 million during the last session, with the company’s beta value hitting 2.43. At the close of trading, the stock’s price was $0.09, to imply an increase of 2.35% or $0.0 in intraday trading. The BSFC share’s 52-week high remains $3.47, putting it -3755.56% down since that peak but still an impressive 11.11% since price per share fell to its 52-week low of $0.08. The company has a valuation of $2.59M, with an average of 1.15 million shares in intraday trading volume over the past 10 days and average of 1.77 million shares over the past 3 months.

Blue Star Foods Corp (NASDAQ:BSFC) trade information

After registering a 2.35% upside in the last session, Blue Star Foods Corp (BSFC) has traded red over the past five days. The stock hit a weekly high of 0.1100, jumping 2.35% in its intraday price action. The 5-day price performance for the stock is -0.54%, and -9.49% over 30 days. With these gigs, the year-to-date price performance is -36.39%. Short interest in Blue Star Foods Corp (NASDAQ:BSFC) saw shorts transact 0.32 million shares and set a 0.1 days time to cover.

Blue Star Foods Corp (BSFC) estimates and forecasts

The rating firms project that company’s revenue will shrink -13.80% compared to the previous financial year.

Earnings reports from the last fiscal year show that sales brought in $5.32 million and $2.96 million respectively in the corresponding quarters.

BSFC Dividends

Blue Star Foods Corp has its next earnings report out between April 16 and April 22. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. Blue Star Foods Corp has a forward dividend ratio of 0, with the share yield ticking at 0.00% to continue the rising pattern observed over the past year. The company’s average dividend yield trailing the past 5-year period is 0.00%.

Blue Star Foods Corp (NASDAQ:BSFC)’s Major holders

Blue Star Foods Corp insiders hold 12.90% of total outstanding shares, with institutional holders owning 0.99% of the shares at 1.14% float percentage. In total, 0.99% institutions holds shares in the company, led by UBS Group AG. As of Jun 29, 2023, the company held over 1848.0 shares (or 0.05% of shares), all amounting to roughly $2106.0.

We also have Fidelity Extended Market Index Fund and Fidelity Series Total Market Index Fund as the top two Mutual Funds with the largest holdings of the Blue Star Foods Corp (BSFC) shares. Going by data provided on May 30, 2023, Fidelity Extended Market Index Fund holds roughly 2555.0 shares. This is just over 0.08% of the total shares, with a market valuation of $5018.0. Data from the same date shows that the other fund manager holds a little less at 526.0, or 0.02% of the shares, all valued at about 1033.0.