Are Analysts Too Bullish On Blue Star Foods Corp (BSFC)

Blue Star Foods Corp (NASDAQ:BSFC) currently has a daily average trading volume of 1.63M but it saw 655066 shares traded in last market. With a market cap of 1.86M USD, the company’s current market price of $0.74 came falling about -20.42 while comparing to the previous closing price of $0.93. In past 52 weeks, the stock remained buoying in the range of price level as high as $36.88 and as low as $0.86. In the recent trading on the day, stock has struck highest price mark of $0.7105 while lowest mark touched by it was $0.95.

Taking a look at 20-day trading activity of Blue Star Foods Corp (BSFC) gives us an average price of $1.1472, while its current price level is -97.99% below from 52-week high level whereas it is -14.23% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $1.6519 while that of 200 days or SMA-200 reads an average of $4.3183. A closer look into the stock’s movement over the week reveals that its volatility is standing at 15.13% during that period while stretching the period over a month that increases to 15.84%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 28.24 which implies that the stock is in oversold territory.

Over the week, BSFC’s stock price is moving -32.73% down while it is -54.32% when we observe its performance for the past one month. Year-to-date it is -89.72% down and over the past year, the stock is showing a downside performance of -97.76%.

Currently, Blue Star Foods Corp’s total number of outstanding shares is 2.51M. Company’s return on investment (ROI) stands at -82.17% and return on equity (ROE) at -174.10%. Stock’s beta reads 2.42. Stock has a price to book (P/B) ratio of 0.36 while price to sale or P/S ratio amounts to 0.28. Its return on asset (ROA) is -52.93% on average.