How to Buy Blue Star Foods Stock
Blue Star Foods Corp
Blue Star Foods Corp. , through its subsidiaries, operates as a marine protein company in the United States and Canada.
Blue Star Foods stock last closed at $0.06, down 3.03% from the previous day, and has decreased 97.63% in one year. It has underperformed other stocks in the Packaged Foods industry by 0.85 percentage points. Blue Star Foods stock is currently +8.47% from its 52-week low of $0.06, and -97.63% from its 52-week high of $2.70.
At the moment, there are 40.68M BSFC shares outstanding. The market value of BSFC is $2.60M. In the last 24 hours, 2.8M BSFC shares were traded.
How to Buy Blue Star Foods Stock
Wondering how to invest in Blue Star Foods stock? Here's how.
- Figure out where to buy Blue Star Foods stock: You need to choose a stock brokerage, but don't worry - we've analyzed dozens of online brokerages and apps to help you choose where to buy Blue Star Foods stock.
- Sign up for your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
- Fund your brokerage account: Select your method of payment and add your information.
- Analyze Blue Star Foods stock: The Blue Star Foods ticker symbol is BSFC. Is Blue Star Foods stock a good investment? Should you buy shares of BSFC? How do BSFC's underlying business fundamentals look? Do top analysts think Blue Star Foods is a good buy? Why has BSFC's stock price moved recently? (Hint: Our stock research website can help you decide if BSFC is a good stock to buy).
- Execute your BSFC buy order: Decide if you will purchase BSFC shares at the current market price or use a limit order to buy BSFC stock at a given price.
- Get the latest scoop on your BSFC position: Create a watchlist to get the latest news on your investment in Blue Star Foods shares.
Step 1: Figure out where to buy Blue Star Foods stock
You need an online brokerage account to access the NASDAQ market and buy BSFC shares.
Our favorite brokerage: eToro
Based on our experience, eToro is the best brokerage. Here's why:
- Invest in stocks with zero commissions: Invest without paying trading commissions.
- Buy fractional shares: Even if you don't have the money to buy a full share, you can still invest in the stock.
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- Social investing: eToro boasts a community with more than 20 million users around the world. Talk to, learn from, and copy the crypto trades of other investors.
- Security: eToro is a regulated and licensed brokerage platform.
- Buy other financial assets: Such as ETFs and cryptocurrencies.
Get $10 towards your purchase of shares by signing up for an account with eToro now.
Open eToro AccountStep 2: Sign up for your brokerage account
Now that you've chosen the best brokerage, the next step is to fill out some personal info so you can invest in BSFC today.
How to Set Up a New Investment Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Input your personal info to open a new brokerage account.
- Submit your details by pressing the "Create Account" button. Get started with eToro today
Step 3: Fund your brokerage account
Now that you have filled out your info on stock market apps, you need to deposit funds:
Watch the walkthrough below to see the process of transferring funds into your new investment account.
Step 4: Analyze Blue Star Foods stock
Once you have chosen the best place to buy Blue Star Foods stock, it's crucial to evaluate their stock prior to buying, so you actually wrap your head around the risk and opportunity.
Blue Star Foods shares data
BSFC Due Diligence Checks
WallStreetZen was created to help average investors do more accurate fundamental analysis.
You can view all of the due diligence checks on BSFC's stock page.
How is BSFC stock valued?
You can use a variety of different financial metrics, analyses, models, and charts to gauge BSFC's intrinsic value.
Using relative valuations methods:
- BSFC could be undervalued based on its P/B ratio of 1x, relative to Packaged Foods industry P/B ratio of 2.1x
You can do more valuation research on BSFC's stock here.
BSFC Financials at a glance
Passed Health Checks:
- There are more short-term assets than long-term liabilities on the BSFC balance sheet.
- Total BSFC debt is lower than 5 years ago, relative to shareholder equity.
- There are more short-term assets than short-term liabilities on the BSFC balance sheet.
- BSFC has $24.16k in cash and short term investments. This is sufficient to cover its annual cash burn of $3.69M.
Failed Health Checks:
- BSFC profit margin has gone up by 0.3 percentage points in the past year, but the company is still unprofitable.
- BSFC has a relatively high debt to equity ratio of 1.45.
- BSFC has cash burn of 3690271. It does not have enough cash and short-term investments to cover this.
You can dive deeper into what analysts are projecting on the Blue Star Foods stock forecast page.
Metrics for Advanced BSFC Traders
BSFC Earnings
Last year, BSFC revenue was $6.12M. During the past 5 year, BSFC's revenue has gone up by -28.23% per year. This was slower than the Packaged Foods industry average of 5.53%.
Learn more about BSFC's earnings and revenue performance here.
Who is buying/selling BSFC?
In the last 12 months, insiders at BSFC have bought more shares than they have sold.
Nubar Herian, Director of BSFC, was the latest BSFC insider to buy. They bought $1,111.00 worth of BSFC shares on Feb 28, 2024.
Get more info about who owns BSFC stock here.
Does BSFC stock generate passive income?
No, Blue Star Foods doesn't provide an income stream by paying out dividends.
What others are saying about BSFC
One of the major reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to find out what other traders have to say.
Step 5: Execute your BSFC buy order
There are two primary options:
- Market order: A market order is an order to buy or sell a stock at the best possible price.
Market orders are mostly fine. - Limit order: A limit order allows you to buy or sell a stock at a specific price (or better).
If you want to make sure you're buying or selling at a given dollar amount, use a limit order.
Hit the Open Trade button and eToro will place the order.
If you want additional assistance investing in stocks on eToro, watch the helpful video below:
Step 6: Get the latest scoop on your BSFC position
Now that you own some BSFC shares, you'll want to keep up with your company.
Create a watchlist to see the latest developments about your BSFC stock.
BSFC Feed
How to Buy Stock in Blue Star Foods
To summarize, here are the 6 steps for buying Blue Star Foods stock:
- Figure out where to buy Blue Star Foods stock
- Sign up for your brokerage account
- Fund your brokerage account
- Analyze Blue Star Foods stock
- Execute your BSFC buy order
- Get the latest scoop on your BSFC position
If you are looking for a online brokerage, eToro is our favorite venue.
Get Started with eToro TodayIf you want to keep track of your investment in Blue Star Foods, add BSFC to your watchlist below.
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