WallStreetZenWallStreetZen

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 $9.20, up 0.11% from the previous day, and has decreased 13.86% in one year. It has underperformed other stocks in the Packaged Foods industry by 0.03 percentage points. Borealis Foods stock is currently +147.98% from its 52-week low of $3.71, and -26.4% from its 52-week high of $12.50.

At the moment, there are 21.38M BRLS shares outstanding. The market cap of BRLS is $196.69M. In the past 24 hours, 3819 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.

Our favorite brokerage: eToro

In our opinion, eToro is the best place to buy stocks. eToro gives you:

  • Invest in stocks with zero commissions: Invest without commissions.
  • Buy fractional shares: Even if you don't have the money to buy a full share, you can still invest in the stock.
  • Access to global financial markets: From Tech to Industrials, New York to Shanghai — you can fill your portfolio with stocks from the world's top exchanges.
  • Social investing: eToro offers a community of more than 20 million users worldwide. Talk to, learn from, and copy the unique crypto portfolios of top investors.
  • Security: eToro is a regulated and licensed brokerage platform.
  • Buy other assets: Such as ETFs and cryptos.

Get $10 towards your purchase of shares by opening an account with eToro now.

Open eToro Account
eToro securities trading is offered by eToro USA Securities, Inc. (“the BD”), member of FINRA and SIPC. Cryptocurrency is offered by eToro USA LLC (“the MSB”) (NMLS: 1769299) and is not FDIC or SIPC insured. Investing involves risk, and content is provided for educational purposes only, does not imply a recommendation, and is not a guarantee of future performance. https://www.wallstreetzen.com is not an affiliate and may be compensated if you access certain products or services offered by the MSB and/or the BD.

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.

How to Set Up a New Account on eToro

  1. 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.
  2. Enter your personal data to create a new brokerage account.
  1. Send your information by clicking the "Create Account" button.
  2. 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.

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:

Watch the video below for more details transferring money into your new brokerage account.

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.

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
$9.20
1w %
19.79%
1y %
-13.86%
5y %
N/A
P/E
N/A
P/B
12.14x
P/S
6.85x
PEG
N/A
Revenue
$22.94M
Earnings
-$22.13M
Fore. Rev. Growth
N/A
Fore. Earn. Growth
N/A
Market Cap
$196.69M
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 12.14x, relative to Packaged Foods industry P/B ratio of 2.04x

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 29154835. It does not have enough cash and short-term investments to cover this.
  • BRLS has $8.21M in cash and short term investments. This is not enough to cover its annual cash burn of $29.15M.
  • BRLS has a relatively high debt to equity ratio of 3.34.
  • 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 -88.6% to -96.5% in the past year.

Is BRLS Growing Revenue?

Last year, BRLS revenue was $22.94M. Over the last two year, BRLS's revenue has gone up by 29.71% per year. This was faster than the Packaged Foods industry average of 5.85%.

Dig into BRLS's earnings and revenue performance here.

Who is buying/selling BRLS?

Over the past 12 months, executives and large shareholders 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 stock on Feb 28, 2024.

Dig into more 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 others are saying about BRLS

One of the biggest reasons eToro is our highest-rated brokerage is because of its social trading community.

Click below to find out what other community members have to say.

Step 5: Make your BRLS buy order

You have two main options:

  • Market order: A market order is an order to buy or sell a security at the best price on the market.
    Market orders are generally the best for newer investors.
  • Limit order: A limit order is an order to buy or sell a security at a specific price (or better).
    If you want to be certain you're buying or selling at a specific dollar amount limit, use a limit order.

Press the Open button and your broker will place the order.

If you need additional help buying stocks on eToro, watch the how to video below:

Open eToro Account

Step 6: Get key alerts regarding your BRLS position

Now that you own some BRLS stock, you'll want to stay up-to-date on your company.

Create a watchlist to monitor your BRLS stock.

BRLS Feed

How to Buy Stock in Borealis Foods

To reiterate, here are the 6 steps for buying Borealis Foods stock:

  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 place to buy stocks, eToro is our favorite option.

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.

If you would like to keep track of your new investment in Borealis Foods, add BRLS to your watchlist by clicking the button below.

NASDAQ: BRLS
$9.20+0.01 (+0.11%)
Updated Jun 18, 2024
Open eToro Account
NASDAQ: BRLS
$9.20+0.01 (+0.11%)
Updated Jun 18, 2024
Open eToro Account

FAQ

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

As of Jun 18, 2024, it costs $9.20 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 $4, you can buy 0.435 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.