Borealis Foods Inc. (NASDAQ:BRLS – Get Free Report)’s share price dropped 0.9% during trading on Friday . The stock traded as low as $9.00 and last traded at $9.14. Approximately 2,900 shares traded hands during trading, a decline of 94% from the average daily volume of 50,783 shares. The stock had previously closed at $9.22.
Borealis Foods Price Performance
The company has a debt-to-equity ratio of 1.46, a current ratio of 0.77 and a quick ratio of 0.53. The company’s 50 day simple moving average is $6.61.
Borealis Foods (NASDAQ:BRLS – Get Free Report) last released its quarterly earnings data on Monday, May 20th. The company reported ($0.49) EPS for the quarter. The company had revenue of $7.90 million during 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.
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