Shares of Borealis Foods Inc. (NASDAQ:BRLS – Get Free Report) were up 0.2% on Wednesday . The stock traded as high as $6.87 and last traded at $6.49. Approximately 2,116 shares were traded during mid-day trading, a decline of 94% from the average daily volume of 32,609 shares. The stock had previously closed at $6.48.
Borealis Foods Price Performance
The company has a fifty day moving average price of $6.20 and a 200-day moving average price of $7.11. 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 posted its earnings results on Wednesday, August 14th. The company reported ($0.29) earnings per share for the quarter. The company had revenue of $5.33 million during the quarter.
Borealis Foods Company Profile
Borealis Foods Inc operates as a food technology company that develops plant-based ready-to-eat meals. The company also developed ambient ready-to-eat high-protein meals for U.S. and global humanitarian food programs. Its products include Chef Woo, a plant based instant ramen meals that provides with 20 grams of plant-based complete protein; and Ramen Express, a vegetarian ramen noodles.
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