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How to Buy Borealis Foods Stock

Borealis Foods Inc

Borealis Foods Inc. engages in the distribution of plant-based protein food products. The company's product includes Chef Woo, a high-protein meat alternative; and Ramen Express, vegetarian ramen noodles.

Borealis Foods stock last closed at $7.24, up 10.7% from the previous day, and has decreased 34.89% in one year. It has underperformed other stocks in the Packaged Foods industry by 0.49 percentage points. Borealis Foods stock is currently +95.15% from its 52-week low of $3.71, and -42.08% from its 52-week high of $12.50.

At the moment, there are 21.38M BRLS shares outstanding. The market cap of BRLS is $154.78M. In the past 24 hours, 371 BRLS shares were traded.

How to Buy Borealis Foods Stock

Wondering how to invest in Borealis Foods stock? Here's how.
  1. Figure out where to buy Borealis Foods stock: You need to pick an online brokerage, but don't worry - we've tried dozens of stock brokerages and apps to help you determine where to buy Borealis Foods stock.
  2. Sign up for your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
  3. Deposit funds into your investment account: Choose your method of payment and add your information.
  4. Evaluate Borealis Foods stock: The Borealis Foods ticker symbol is BRLS. Is Borealis Foods stock a good investment? Should you buy shares of BRLS? How do BRLS's underlying business fundamentals look? Do top analysts think Borealis Foods is a good buy? Why has BRLS's stock price moved recently? (Hint: Our stock market analysis website can help you decide if BRLS is a good stock to buy).
  5. Make your BRLS buy order: Decide if you will purchase BRLS shares at the current market price or use a limit order to buy BRLS stock at a specific price.
  6. Get key alerts regarding your BRLS position: Create a watchlist to key updates about your position in Borealis Foods stock.

Step 1: Figure out where to buy Borealis Foods stock

You will need a brokerage account to access the NASDAQ market and buy BRLS shares.

A brokerage account is an investment account that allows you to buy and sell a number of financial instruments, including stocks, bonds, mutual funds, and ETFs.

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Step 2: Sign up for your brokerage account

Now that you've selected the best brokerage, you need to fill out some personal info so you can invest in BRLS stock today.

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Step 3: Deposit funds into your investment account

Now that you've filled out your info on the best stock app for beginners, your next step is to transfer the money for your investment:

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Step 4: Evaluate Borealis Foods stock

Once you have identified the best place to buy Borealis Foods stock, it's critical to analyze their stock prior to buying, so you truly comprehend the risk as well as the upside.

Borealis Foods stock data

BRLS Price
$7.24
1w %
24.83%
1y %
-34.89%
5y %
N/A
P/E
N/A
P/B
15.63x
P/S
5.48x
PEG
N/A
Revenue
$28.26M
Earnings
-$27.97M
Fore. Rev. Growth
N/A
Fore. Earn. Growth
N/A
Market Cap
$154.78M
Next Earnings
N/A
Next Dividend
N/A

BRLS Zen Score

WallStreetZen was created to help part-time investors do better fundamental analysis quickly.

You can view all of the due diligence checks on BRLS's stock page.

Is BRLS stock undervalued or overvalued?

Analysts use a variety of different financial metrics, analyses, models, and charts to gauge BRLS's fair value.

Using relative valuations measures:

  • BRLS could be overvalued based on its P/B ratio of 15.63x, relative to Packaged Foods industry P/B ratio of 2.18x

You can access additional valuation research on BRLS's stock here.

BRLS Financial Health Summary

Signs that BRLS is not financially healthy:

  • BRLS has cash burn of 33211689. It does not have enough cash and short-term investments to cover this.
  • BRLS has $3.13M in cash and short term investments. This is not enough to cover its annual cash burn of $33.21M.
  • BRLS has a relatively high debt to equity ratio of 5.42.
  • There are more short-term liabilities than short-term assets on the BRLS balance sheet.
  • There are more long-term liabilities than short-term assets on the BRLS balance sheet.
  • BRLS profit margin has gone down from -96.6% to -99% in the past year.

BRLS Technicals

SMA10
6.23
SMA20
5.96
SMA50
6.36
SMA100
7.36
SMA200
7.14
MACD
0.11
MACD Signal
-0.05
MACD Histogram
0.16
RSI
64.49
Stochastic %K
58.29
Stochastic %D
44.34
StochRSI %K
77.96
StochRSI %D
65.08

BRLS Earnings

Last year, BRLS revenue was $28.26M. During the last two year, BRLS's revenue has grown by 43.98% per year. This was faster than the Packaged Foods industry average of 5.71%.

Dive into BRLS's earnings and revenue performance here.

Latest Insiders Trades at BRLS

In the past year, insiders at BRLS have bought more shares than they have sold.

Steven M. Oyer, Director of BRLS, was the latest BRLS insider to buy. They bought $9,930.00 worth of BRLS shares on Feb 28, 2024.

Get more info about who owns BRLS shares here.

Can I rely on BRLS as an income stream?

No, Borealis Foods doesn't provide an income stream by paying out dividends.

What do other traders have to say about BRLS?

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Step 5: Make your BRLS buy order

You have two main types of orders:

  • Market order: A market order is an order to buy or sell a stock at the best price on the market.
    Market orders are mostly sufficient.
  • Limit order: A limit order enables you to buy or sell a security at a specific price (or better).
    If you want to make sure you're buying or selling at a given price, place a limit order.

Press the Open Trade button and eToro will place your order.

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Step 6: Get key alerts regarding your BRLS position

Now that you own some shares in BRLS, you'll want to keep up with your investment.

Make a watchlist to track your BRLS stock.

BRLS Feed

How to Buy Stock in Borealis Foods

To reiterate, here are the 6 steps to buy stock in Borealis Foods:

  1. Figure out where to buy Borealis Foods stock
  2. Sign up for your brokerage account
  3. Deposit funds into your investment account
  4. Evaluate Borealis Foods stock
  5. Make your BRLS buy order
  6. Get key alerts regarding your BRLS position

If you require a brokerage, eToro is our favorite venue.

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If you want to track your investment in Borealis Foods, click below.

NASDAQ: BRLS
$7.24+0.70 (+10.7%)
Updated Nov 7, 2024
Open eToro Account
NASDAQ: BRLS
$7.24+0.70 (+10.7%)
Updated Nov 7, 2024
Open eToro Account

FAQ

How much does it cost to buy one Borealis Foods share?

As of Nov 7, 2024, it costs $7.24 to buy one share of Borealis Foods stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $3, you can buy 0.414 shares of BRLS.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

What is the best way to buy Borealis Foods stock?

One way to place an order for Borealis Foods stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.