Better Choice Company Inc. (NYSE:SRXH – Get Free Report) traded down 3.2% during mid-day trading on Thursday . The company traded as low as $1.7993 and last traded at $1.81. Approximately 390,711 shares traded hands during mid-day trading, a decline of 81% from the average session volume of 2,037,251 shares. The stock had previously closed at $1.87.
Better Choice Trading Up 2.8%
The firm has a market capitalization of $18.33 million, a price-to-earnings ratio of -0.09 and a beta of 0.80. The firm’s 50-day moving average is $22.70 and its 200 day moving average is $12.93.
Better Choice Company Profile
Better Choice Company Inc is a special purpose acquisition company incorporated in Delaware in August 2020. The company was formed to identify and effect a business combination with one or more established businesses, focusing primarily on the consumer packaged goods sector. Better Choice Company completed its initial public offering in early 2021 and is listed on the Nasdaq under the ticker BTTR.
The company’s stated strategy is to pursue a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination that creates value through scale, brand development and distribution expansion.
Featured Articles
- Five stocks we like better than Better Choice
- 3 Beaten-Down Stocks That Haven’t Gotten the Message About the S&P 500’s Record Run
- Darden Restaurants Just Hit a 52-Week High–Is the Olive Garden Comeback Story Legit?
- Flash in the Pan or Sustained Rally Contender? 3 Momentum Stocks to Watch
- MarketBeat Week in Review – 08/17 – 08/21
Receive News & Ratings for Better Choice Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Better Choice and related companies with MarketBeat.com's FREE daily email newsletter.
