Summary

0.74 -0.06(-7.43%)09/13/2024
Blue Star Foods Corp. Common Stock (BSFC)

Key Facts


1 Day1 Week1 Month3 Months6 Months1 Year5 YearsAll Time
-7.43-15.61-37.49-59.96-57.12-52.920.00-99.74


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Trading Data
Close0.74
Open0.78
High0.82
Low0.69
Volume398,190
Change-0.06
Change %-7.43
Avg Volume (20 Days)16,460,225
Volume/Avg Volume (20 Days) Ratio0.02
52 Week Range0.05 - 2.08
Price vs 52 Week High-64.66%
Price vs 52 Week Low1,370.20%
Range-5.59
Gap Up/Down-0.01
Fundamentals
Market Capitalization (Mln)2
EBIDTA0
PE Ratio0.0000
PEG Ratio0.0000
WallStreet Target Price0.00
Book Value0.2390
Earnings Per Share-0.0620
EPS Estimate Current Quarter0.0100
EPS Estimate Next Quarter0.0600
EPS Estimate Current Year-0.0400
EPS Estimate Next Year0.0800
Diluted EPS (TTM)-0.0620
Revenues
Profit Marging-0.1060
Operating Marging (TTM)-0.1460
Return on asset (TTM)-0.0946
Return on equity (TTM)-0.6092
Revenue TTM11,036,484
Revenue per share TTM0.5420
Quarterly Revenue Growth (YOY)-0.0640
Quarterly Earnings Growth (YOY)0.0000
Gross Profit (TTM)1,487,792
Dividends
Dividend Share0.0000
Dividend Yield
Valuations
Trailing PE0.0000
Forward PE30.8642
Price Sales (TTM)0.0000
Price Book (MRQ)12.3075
Revenue Enterprise Value 6.5119
EBITDA Enterprise Value0.0000
Shares
Shares Outstanding24,575,800
Shares Float7,340,321
Shares Short0
Shares Short (Prior Month)0
Shares Ratio0.00
Short Outstanding (%)0.00
Short Float (%)0.00
Insider (%)66.69
Institutions (%)0.00


08/20 08:15 EST - globenewswire.com
Blue Star Foods Strengthens Balance Sheet by Paying Off $645,668 of Debts
Miami, FL, Aug. 20, 2024 (GLOBE NEWSWIRE) -- Blue Star Foods Corp., (“Blue Star,” the “Company,” “we,” “our” or “us”) (NASDAQ: BSFC ), an integrated Environmental, Social, and Governance (ESG) sustainable seafood company with a focus on Recirculatory Aquaculture Systems (RAS), has taken a significant step towards enhancing its financial position by reducing $645,668 in liabilities after its recently August 14th filling of its 10-Q from the quarter ended June 30, 2024. This move is part of Blue Star's comprehensive strategy to improve its financial health, which is focused on reducing debt and increasing its shareholder equity.
08/16 09:15 EST - globenewswire.com
Blue Star Foods Submits Request for Withdrawal of Registration Statement on Form S-1
Miami, FL, Aug. 16, 2024 (GLOBE NEWSWIRE) -- Blue Star Foods Corp., (“Blue Star,” the “Company,” “we,” “our” or “us”) (NASDAQ: BSFC ), an integrated Environmental, Social, and Governance (ESG) sustainable seafood company with a focus on Recirculatory Aquaculture Systems (RAS), requested that the Securities and Exchange Commission ("SEC") consent to the withdrawal of our Registration Statement on Form S-1 (No. 333-281270) originally filed on August 6, 2024, as we no longer intend to pursue our public offering at this time. We believe this is in the best interests of our shareholders and investors.
08/15 08:15 EST - globenewswire.com
Blue Star Foods Reports 14% Revenue Growth to $4.0 Million, Highlighted by 27% Increase in Gross Profit for the First Half 2024
Increase in Revenues Led to 24% Reduction in Operating Loss Quarterly Gross Margins Increased 1,170 Basis Points to 16.6% Miami, FL, Aug. 15, 2024 (GLOBE NEWSWIRE) -- Blue Star Foods Corp., (“Blue Star,” the “Company,” “we,” “our” or “us”) (NASDAQ: BSFC ), an integrated Environmental, Social, and Governance (“ESG”) sustainable seafood company with a focus on Recirculatory Aquaculture Systems (“RAS”), announced unaudited financial and operational results for the three and six months ended June 30, 2024. Key Financial Highlights for the Three Months Ended June 30, 2024 Revenue increased 7% to $1.8 million Gross profit increased 264% to $0.3 million Gross margin increased 1,170 basis points to 16.6% Operating loss decreased 36% to $0.7 million Inventory and RAS biomass of $2.6 million Total assets of $8.1 million Key Financial Highlights for the Six Months Ended June 30, 2024 Revenue increased 14% to $2.3 million Gross profit increased 27% to $0.5 million Gross margin increased 120 basis points to 11.5% Operating loss decreased 24% to $1.5 million Business Highlights for the Three Months Ended June 30, 2024 Signed Agreement with to provide high-quality, nutritious meals for U.S. Military Land-based aquaculture license renewal thru 2033 covering white sturgeon, coho salmon, chinook salmon and rainbow trout Business Highlights Subsequent to the Three Months Ended June 30, 2024 Initiated roll-out and expected to expand to numerous military bases over the next few months Launched plans to improve its soft-shell crab operations by introducing cutting-edge technology that combines Artificial Intelligence (AI) with Ultraviolet (UV) light technology to revolutionize the industry's standard molting crab identification process Management Commentary John Keeler, Chairman and CEO of Blue Star, commented, “Our first half 2024 results demonstrate the increase in business opportunities and revenue traction we are witnessing.
07/11 07:48 EST - investorplace.com
Why Is Blue Star Foods (BSFC) Stock Up 74% Today?
Blue Star Foods (NASDAQ: BSFC ) stock is rocketing higher on Thursday alongside heavy pre-market trading of the marine protein company's shares. This has more than 10 million shares of BSFC stock changing hands as of this writing.
06/27 08:30 EST - globenewswire.com
Blue Star Foods Provides 2024 Revenue Guidance of At Least 65% Growth With Anticipated Annual Run-Rate Greater Than $20 Million
Seeing Accelerated Revenue Growth from Current and New Opportunities Miami, FL, June 27, 2024 (GLOBE NEWSWIRE) -- Blue Star Foods Corp., (“Blue Star,” the “Company,” “we,” “our” or “us”) (NASDAQ: BSFC ), an integrated Environmental, Social, and Governance (ESG) sustainable seafood company with a focus on Recirculatory Aquaculture Systems (RAS), is pleased to announce that it is providing a 2024 forecast of at least 65% revenue growth with an annual run-rate of greater than $20 million. The Company has been successful in securing new business for growth opportunities for the future, such as an increased customer base at its Canadian facility for steelhead salmon.
06/12 09:15 EST - globenewswire.com
Blue Star Foods Regains Compliance with Nasdaq
Miami, FL, June 12, 2024 (GLOBE NEWSWIRE) -- Blue Star Foods Corp., (“Blue Star,” the “Company,” “we,” “our” or “us”) (NASDAQ: BSFC ), an integrated Environmental, Social, and Governance (ESG) sustainable seafood company with a focus on Recirculatory Aquaculture Systems (RAS), today announced that on June 11, 2024 it received a letter from the Nasdaq Hearings Panel indicating that the Company demonstrated compliance with the bid price requirement in Listing Rule 5550(a)(2) and the minimum stockholders' equity requirement in Listing Rule 5550(b)(1).
05/20 09:30 EST - globenewswire.com
Blue Star Foods Reports 19% Growth to $2.3 Million Revenue for First Quarter Ended March 31, 2024
Increase in Revenues Leads to 44% Reduction in Losses Miami, FL, May 20, 2024 (GLOBE NEWSWIRE) -- Blue Star Foods Corp., (“Blue Star,” the “Company,” “we,” “our” or “us”) (NASDAQ: BSFC ), an integrated Environmental, Social, and Governance (“ESG”) sustainable seafood company with a focus on Recirculatory Aquaculture Systems (“RAS”), announced unaudited financial and operational results for the three months ended March 31, 2024. Key Financial Highlights for the Three Months Ended March 31, 2024 Revenue increased 19% to $2.3 million Net loss decreased 44% to $1.1 million Adjusted EBITDA loss decreased 35% to $0.6 million Inventory and RAS biomass of $2.3 million Business Highlights for the Three Months Ended March 31, 2024 Executed Transformational Master Service Agreement (MSA) with a the fully integrated seafood provider.
05/15 12:00 EST - globenewswire.com
Blue Star Foods Announces 1-for-50 Reverse Stock Split
Miami, FL, May 15, 2024 (GLOBE NEWSWIRE) -- Blue Star Foods Corp., (“Blue Star,” the “Company,” “we,” “our” or “us”) (NASDAQ: BSFC ), an integrated Environmental, Social, and Governance (ESG) sustainable seafood company with a focus on Recirculatory Aquaculture Systems (RAS), today announced that it will effect a 1-for-50 reverse stock split ("Reverse Stock Split") of its authorized and issued and outstanding shares of Class A common stock, par value $0.0001 per share ("Common Stock"). The Reverse Stock Split will become effective at 12:01am, Eastern Time, on May 20, 2024. At such time, each 50 shares of issued and outstanding Common Stock will automatically be reclassified into one new share of Common Stock. The total number of shares of Common Stock authorized for issuance will remain at 100,000,000 shares. Proportional adjustments will be made to outstanding equity awards, warrants and convertible notes, and to the number of shares issued and issuable under the Company's stock incentive plans and certain existing agreements. No fractional shares will be issued in connection with the Reverse Stock Split. All fractional shares will be rounded up. The Reverse Stock Split will affect all common stockholders uniformly and will not alter any stockholder's percentage interest in the Company's equity.
04/17 11:00 EST - globenewswire.com
Blue Star Foods Secures Additional Non-Dilutive Growth Capital to Support Expansion of Business Under Existing Master Service Agreement & Soft Shell Crab Operations
Miami, FL, April 17, 2024 (GLOBE NEWSWIRE) -- Blue Star Foods Corp., (“Blue Star,” the “Company,” “we,” “our” or “us”) (NASDAQ: BSFC ), an integrated Environmental, Social, and Governance (ESG) sustainable seafood company with a focus on Recirculatory Aquaculture Systems (RAS), today announced it has secured additional funding to help meet increased demand under its previously announced Master Service Agreement as well as increase the volume in its soft shell crab operations.
04/10 11:00 EST - globenewswire.com
Blue Star Foods Signs Agreement with Eagle Rising to Provide High-Quality, Nutritious Meals for U.S. Military
Initial Launch Expected to Roll Out to Numerous Military Bases Over the Next Few Months Miami, FL, April 10, 2024 (GLOBE NEWSWIRE) -- Blue Star Foods Corp., (“Blue Star,” the “Company,” “we,” “our” or “us”) (NASDAQ: BSFC ), a leader in value-added meal solutions and an integrated Environmental, Social, and Governance (ESG) sustainable seafood company with a focus on Recirculatory Aquaculture Systems (RAS), is profoundly honored to announce the successful execution of a supply agreement to provide manufacturing of Eagle Rising specified innovative food solutions for the U.S. Military under the support of our recently established Master Service Agreement (MSA). This pivotal agreement facilitates the provision of premium products distributed under the renowned Eagle Rising Brand, a Service-Disabled Veteran-Owned Small Business (SDVOSB), directly supporting the brave men and women serving in the United States military.
03/25 08:30 EST - globenewswire.com
Blue Star Foods Starts its Soft-Shell Crab Season
Production and Distribution from its Facility in South Carolina Miami, FL, March 25, 2024 (GLOBE NEWSWIRE) -- Blue Star Foods Corp., (“Blue Star,” the “Company,” “we,” “our” or “us”) (NASDAQ: BSFC ), an integrated Environmental, Social, and Governance (ESG) sustainable seafood company with a focus on Recirculatory Aquaculture Systems (RAS), today announced that its soft-shell operations in South Carolina have started production for the 2024 season under its existing license from the South Carolina Department of Natural Resources. John Keeler, Chairman and CEO of Blue Star Foods, commented, “We are excited to begin production for the 2024 soft-shell crab season.
02/21 09:00 EST - globenewswire.com
Blue Star Foods Executes Transformational Master Service Agreement to Generate an Expected $20 Million Additional Revenue in 2024
Miami, FL, Feb. 21, 2024 (GLOBE NEWSWIRE) -- Blue Star Foods Corp., (“Blue Star,” the “Company,” “we,” “our” or “us”) (NASDAQ: BSFC ), an integrated Environmental, Social, and Governance (ESG) sustainable seafood company with a focus on Recirculatory Aquaculture Systems (RAS), is pleased to announce its signing of a Master Service Agreement with a vertically integrated seafood value added provider.
12/08 08:30 EST - globenewswire.com
Blue Star Foods Attains Green Rating in Latest EcoVadis Scorecard
Significant Upgrade from Previous Rating Miami, FL, Dec. 08, 2023 (GLOBE NEWSWIRE) -- Blue Star Foods Corp., (“Blue Star,” the “Company,” “we,” “our” or “us”) (NASDAQ: BSFC ), an integrated Environmental, Social, and Governance (ESG) sustainable seafood company with a focus on Recirculatory Aquaculture Systems (RAS), is pleased to announce that it has been awarded a Green Rating in its latest EcoVadis scorecard. EcoVadis is the world's largest and most trusted provider of business sustainability ratings.
11/27 09:00 EST - globenewswire.com
Blue Star Foods Provides Shareholder Update
Evaluating Several Strategic Acquisitive and Organic Growth Opportunities Miami, FL, Nov. 27, 2023 (GLOBE NEWSWIRE) -- Blue Star Foods Corp., (“Blue Star,” the “Company,” “we,” “our” or “us”) (NASDAQ: BSFC ), an integrated Environmental, Social, and Governance (ESG) sustainable seafood company with a focus on Recirculatory Aquaculture Systems (RAS), is pleased to provide a Shareholder Update, from its Chairman and Chief Executive Officer John Keeler. To the Shareholders of Blue Star Foods Corp.: I write to you today with gratitude, pride and excitement.
11/20 08:38 EST - investorplace.com
Why Is Blue Star Foods (BSFC) Stock Up 39% Today?
Blue Star Foods (NASDAQ: BSFC ) stock is climbing higher on Monday after the company revealed details for its upcoming annual shareholder meeting. The big news here is the company's meeting will be taking place on Dec. 27, 2023.
11/13 09:15 EST - globenewswire.com
Blue Star Foods Signed 2-Year Bid Award Purchase Agreement with Sysco Corporation
Miami, FL, Nov. 13, 2023 (GLOBE NEWSWIRE) -- Blue Star Foods Corp., (“Blue Star,” the “Company,” “we,” “our” or “us”) (NASDAQ: BSFC ), an integrated Environmental, Social, and Governance (ESG) sustainable seafood company with a focus on Recirculatory Aquaculture Systems (RAS), announced a recently signed a 2-year bid award purchase agreement with Sysco Corporation. The Bid Award Purchase Agreement is effective starting immediately, and is for purchase of Blue Star's award-winning brands, such as Blue Star, Pacifika and Good Stuff.
09/18 08:30 EST - globenewswire.com
Blue Star Foods Repays Convertible Note
Miami, FL, Sept. 18, 2023 (GLOBE NEWSWIRE) -- Blue Star Foods Corp ., (“ Blue Star , ” the “ Company,” “we,” “our” or “us”) ( N ASDAQ : BSFC ), an integrated Environmental, Social, and Governance (ESG) sustainable seafood company with a focus on Recirculatory Aquaculture Systems (RAS), is pleased to announce that it has allocated $2,573,142 from its [recently closed equity raise on september 7th ] to repay and terminate the largest of the three Convertible Notes outstanding to The Lind Partners to reduce total debt and improve the Company's balance as it positions itself for future growth initiatives.
09/11 16:00 EST - globenewswire.com
Blue Star Foods Announces Closing of $5 Million Public Offering
Miami, FL, Sept. 11, 2023 (GLOBE NEWSWIRE) -- Blue Star Foods Corp., (“Blue Star,” the “Company,” “we,” “our” or “us”) (NASDAQ: BSFC), today announced the closing of its previously announced public offering of an aggregate of 10,741,139 shares of its common stock (or common stock equivalents), together with accompanying common stock warrants, at a public offering price of $0.4655 per share (or common stock equivalent) and accompanying warrants. Each share of common stock (or common stock equivalent) was offered in the offering together with a Series A-1 warrant to purchase one share of common stock at an exercise price of $0.4655 per share and a Series A-2 warrant to purchase one share of common stock at an exercise price of $0.4655 per share. The Series A-1 warrants will be exercisable beginning on the effective date of stockholder approval of the issuance of the shares issuable upon exercise of the warrants and will expire five years thereafter, and the Series A-2 warrants will be exercisable beginning on the effective date of stockholder approval of the issuance of the shares issuable upon exercise of the warrants and will expire eighteen months thereafter. Total gross proceeds from the offering, before deducting the placement agent's fees and other offering expenses, were approximately $5 million.
09/07 09:20 EST - globenewswire.com
Blue Star Foods Announces Pricing of $5 Million Public Offering
Miami, FL, Sept. 07, 2023 (GLOBE NEWSWIRE) -- Blue Star Foods Corp., (“Blue Star,” the “Company,” “we,” “our” or “us”) (NASDAQ: BSFC), today announced the pricing of its public offering of an aggregate of 10,741,139 shares of its common stock (or common stock equivalents), together with accompanying common stock warrants, at a public offering price of $0.4655 per share (or common stock equivalent) and accompanying warrants. Each share of common stock (or common stock equivalent) is being offered in the offering together with a Series A-1 warrant to purchase one share of common stock at an exercise price of $0.4655 per share and a Series A-2 warrant to purchase one share of common stock at an exercise price of $0.4655 per share. The Series A-1 warrants will be exercisable beginning on the effective date of stockholder approval of the issuance of the shares issuable upon exercise of the warrants and will expire five years thereafter, and the Series A-2 warrants will be exercisable beginning on the effective date of stockholder approval of the issuance of the shares issuable upon exercise of the warrants and will expire eighteen months thereafter. Total gross proceeds from the offering, before deducting the placement agent's fees and other offering expenses, are expected to be approximately $5 million.
09/06 08:30 EST - globenewswire.com
Blue Star Foods Awarded License Renewal for Soft-Shell Crab Operations in South Carolina
Extended Through June 2024 Miami, FL, Sept. 06, 2023 (GLOBE NEWSWIRE) -- Blue Star Foods Corp.