Blue Apron Announces 1-for-12 Reverse Stock Split
| APRNDelisted Stock | USD 4.97 0.03 0.60% |
About 62% of Blue Apron's investor base is looking to short. The analysis of current outlook of investing in Blue Apron Holdings, suggests that many traders are alarmed regarding Blue Apron's prospects. Blue Apron's investing sentiment overview a quick insight into current market opportunities from investing in Blue Apron Holdings,. Many technical investors use Blue Apron Holdings, stock news signals to limit their universe of possible portfolio assets and to time the market correctly.
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NEW YORK, June 07, 2023 Blue Apron Holdings, Inc. today announced that its Board of Directors approved a reverse stock split of the Companys Class A common stock at a ratio of 1-for-12. Earlier on June 7, 2023, at the Companys annual meeting of stockholders, the Companys stockholders approved a reverse stock split of the Companys Class A common stock at a split ratio of between 1-for-5 and 1-for-20. The reverse stock split is expected to be effective after market close on June
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Blue Apron Fundamental Analysis
We analyze Blue Apron's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Blue Apron using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Blue Apron based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Current Ratio
Current Ratio Comparative Analysis
Blue Apron is currently under evaluation in current ratio category among its peers. Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.
Blue Apron Holdings, Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Blue Apron stock to make a market-neutral strategy. Peer analysis of Blue Apron could also be used in its relative valuation, which is a method of valuing Blue Apron by comparing valuation metrics with similar companies.
Peers
Blue Apron Related Equities
| OCG | Oriental Culture | 10.14 | ||||
| YJ | Yunji | 8.99 | ||||
| ETSY | Etsy | 3.19 | ||||
| SE | Sea | 2.00 | ||||
| W | Wayfair | 1.46 | ||||
| VIPS | Vipshop Holdings | 0.87 | ||||
| GLBE | Global E | 0.19 | ||||
| CHWY | Chewy | 0.03 | ||||
| PIK | Kidpik Corp | 0.42 | ||||
| PDD | PDD Holdings | 0.54 | ||||
| RVLV | Revolve Group | 1.93 | ||||
| JMIA | Jumia Technologies | 3.10 | ||||
| HOUR | Hour Loop | 5.92 |
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.
Other Consideration for investing in Blue Stock
If you are still planning to invest in Blue Apron Holdings, check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Blue Apron's history and understand the potential risks before investing.
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