Blue Star Foods Closes 1.8 Million Underwritten Public Offering of Common Stock
About 67% of Blue Star's investor base is looking to short. The analysis of overall sentiment of trading Blue Star Foods otc stock suggests that many investors are alarmed at this time. The current market sentiment, together with Blue Star's historical and current headlines, can help investors time the market. In addition, many technical investors use Blue Star Foods stock news signals to limit their universe of possible portfolio assets.
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MIAMI, FL, Feb. 14, 2023 -- Blue Star Foods Corp., , an integrated Environmental, Social, and Governance sustainable seafood company with a focus on Recirculatory Aquaculture Systems , announced the closing of an underwritten public offering with gross proceeds to the Company of approximately 1.8 million, before deducting underwriting discounts and other estimated expenses payable by the Company. The offering consisted of 9,000,000 share
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Blue Star Fundamental Analysis
We analyze Blue Star's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Blue Star using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Blue Star based on its fundamental data. In general, a quantitative approach, as applied to this otc stock, 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.
Price To Sales
Price To Sales Comparative Analysis
Blue Star is currently under evaluation in price to sales category among its peers. Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.
Blue Star Foods 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 Star otc stock to make a market-neutral strategy. Peer analysis of Blue Star could also be used in its relative valuation, which is a method of valuing Blue Star by comparing valuation metrics with similar companies.
Peers
Blue Star Related Equities
| BTOG | Bit Origin | 77.78 | ||||
| BDPT | BioAdaptives | 9.09 | ||||
| BON | Bon Natural | 4.08 | ||||
| PETZ | TDH Holdings | 1.61 | ||||
| PLAG | Planet Green | 2.51 | ||||
| LSF | Laird Superfood | 4.32 | ||||
| BTTR | Better Choice | 6.71 |
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any otc stock could be closely tied with the direction of predictive economic indicators such as signals in census. Note that the Blue Star Foods information on this page should be used as a complementary analysis to other Blue Star's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.
Other Consideration for investing in Blue OTC Stock
If you are still planning to invest in Blue Star Foods 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 Star's history and understand the potential risks before investing.
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