Blue Star Foods Corp (NASDAQ: BSFC): Retirees Don’t Worry About Volatility

Blue Star Foods Corp (NASDAQ:BSFC) currently has a daily average trading volume of 1.54M but it saw 1067754 shares traded in last market. With a market cap of 1.75M USD, the company’s current market price of $0.22 came rising about 6.71 while comparing to the previous closing price of $0.21. In past 52 weeks, the stock remained buoying in the range of price level as high as $9.21 and as low as $0.20. In the recent trading on the day, stock has struck highest price mark of $0.2011 while lowest mark touched by it was $0.233.

Taking a look at 20-day trading activity of Blue Star Foods Corp (BSFC) gives us an average price of $0.2950, while its current price level is -97.60% below from 52-week high level whereas it is 10.50% 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 $0.4645 while that of 200 days or SMA-200 reads an average of $2.4257. A closer look into the stock’s movement over the week reveals that its volatility is standing at 15.92% during that period while stretching the period over a month that increases to 19.27%. 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 29.46 which implies that the stock is in oversold territory.

Over the week, BSFC’s stock price is moving -22.92% down while it is -63.07% when we observe its performance for the past one month. Year-to-date it is -96.93% down and over the past year, the stock is showing a downside performance of -97.13%.

The company is expected to be releasing its next quarterly report in December, for which analysts forecasted an EPS of 0 while estimate for next year EPS is 0.

Currently, Blue Star Foods Corp’s total number of outstanding shares is 7.93M with 2.80% of that held by the insiders while 0.86% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -99.39% and return on equity (ROE) at -187.53%. Stock’s beta reads 2.40. Stock has a price to book (P/B) ratio of 0.16 while price to sale or P/S ratio amounts to 0.30. Its return on asset (ROA) is -64.77% on average.