BranchOut Food Inc (NASDAQ:BOF) does about 6.79M shares in volume on a normal day but saw 143408528 shares change hands in the recent trading day. The company now has a market cap of 22.95M USD. Its current market price is $3.38, marking an increase of 69.00% compared to the previous close of $2.00. The 52 week high reached by this stock is $3.60 whilst the lowest price level in 52 weeks is $0.61.
BranchOut Food Inc (BOF) has a 20-day trading average at $0.98 and the current price is -6.11% off the 52-week high compared with 455.46% distance from its 52-week low. The 50-day simple moving average of the closing price is $0.91 and its 200-day simple moving average is $1.47. If we look at the stock’s price movements over the week, volatility stands at 53.00%, which decreases to 19.83% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 93.72 to suggest the stock is overbought.
The current price level is 297.97%, 288.63%, and 131.61% away from its SMA20, SMA50, and SMA200 respectively, with the BOF price moving below the 50-day SMA on current market day. BranchOut Food Inc (BOF) stock is up 431.45% over the week and 304.65% over the past month. Its price is 179.34% year-to-date and 36.29% over the past year.
Outstanding shares total 4.04M with insiders holding 35.05% of the shares and institutional holders owning 5.56% of the company’s common stock. The company has a return on investment of -77.59% and return on equity of -134.94%. The beta has a value of -0.41. Price to book ratio is 10.24 and price to sales ratio is 4.40.
