2 weeks Ago By ABMN Staff
Borealis Foods Inc. ( NASDAQ:BRLS – Get Free Report ) saw a significant decline in short interest in the month of September. As of September 15th, there was short interest totalling 7,000 shares, a decline of 14.
6% from the August 31st total of 8,200 shares. Based on an average trading volume of 3,800 shares, the days-to-cover ratio is currently 1.8 days.
Approximately 0.1% of the shares of the company are sold short. Borealis Foods Stock Performance Shares of BRLS stock remained flat at $5.
72 on Friday. 36 shares of the company traded hands, compared to its average volume of 8,210. Borealis Foods has a fifty-two week low of $3.
71 and a fifty-two week high of $12.50. The business has a fifty day simple moving average of $7.
43 and a 200 day simple moving average of $6.94. The company has a debt-to-equity ratio of 2.
37, a quick ratio of 0.26 and a current ratio of 0.53.
Borealis Foods ( NASDAQ:BRLS – Get Free Report ) last announced its earnings results on Wednesday, August 14th. The company reported ($0.29) earnings per share (EPS) for the quarter.
The business had revenue of $5.33 million for the quarter. Borealis Foods Company Profile Borealis Foods Inc engages in the distribution of plant-based protein food products.
Its products include Chef Woo, a high-protein instant ramen with 20 grams of plant-based complete protein; and Ramen Express, a vegetarian ramen noodles. The company is based in Oakville, Canada. Featured Stories Receive News & Ratings for Borealis Foods Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Borealis Foods and related companies with MarketBeat.
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