Borealis Foods Inc. (NASDAQ:BRLS – Get Free Report) saw a large decrease in short interest in the month of September. As of September 15th, there was short interest totalling 7,000 shares, a decrease of 14.6% from the August 31st total of 8,200 shares. Based on an average trading volume of 3,800 shares, the short-interest ratio is currently 1.8 days. Currently, 0.1% of the shares of the stock are short sold.
Borealis Foods Stock Performance
Shares of NASDAQ BRLS remained flat at $5.72 during trading hours on Friday. 36 shares of the company traded hands, compared to its average volume of 8,210. The firm has a fifty day moving average of $7.43 and a two-hundred day moving average of $6.94. The company has a current ratio of 0.53, a quick ratio of 0.26 and a debt-to-equity ratio of 2.37. Borealis Foods has a twelve month low of $3.71 and a twelve month high of $12.50.
Borealis Foods (NASDAQ:BRLS – Get Free Report) last issued its quarterly earnings results on Wednesday, August 14th. The company reported ($0.29) earnings per share (EPS) for the quarter. The firm had revenue of $5.33 million during the quarter.
About Borealis Foods
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
- Five stocks we like better than Borealis Foods
- 3 REITs to Buy and Hold for the Long Term
- CarMax’s Impressive Rally: What Investors Should Watch Next
- 3 Stocks to Consider Buying in October
- MarketBeat Week in Review – 9/23 – 9/27
- What is a Stock Market Index and How Do You Use Them?
- Wake Up to This Biotech Stock That Still Has Big Potential Upside
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.com's FREE daily email newsletter.