BranchOut Food Inc (NASDAQ: BOF) is 110.74% higher on its value in year-to-date trading and has touched a low of $1.04 and a high of $6.20 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The BOF stock was last observed hovering at around $2.15 in the last trading session, with the day’s gains setting it 0.4%.
Currently trading at $2.55, the stock is 74.54% and 32.26% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.82 million and changing 18.60% at the moment leaves the stock 36.70% off its SMA200. BOF registered a gain of 67.76% in past 6-months.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The stock witnessed a 36.00% loss in the last 1 month and extending the period to 3 months gives it a 118.88%, and is 131.82% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 37.01% over the week and 18.81% over the month.
BranchOut Food Inc (BOF) has around 6 employees, a market worth around $10.30M and $2.83M in sales. Profit margin for the company is -138.92%. Distance from 52-week low is 145.19% and -58.87% from its 52-week high. The company has generated returns on investments over the last 12 months (-167.34%).
.
BranchOut Food Inc (BOF) Top Institutional Holders
The shares outstanding are 4.04M, and float is at 2.37M with Short Float at 0.68%.
BranchOut Food Inc (BOF) Insider Activity
The most recent transaction is an insider purchase by Dalfonsi John,the company’sDirector. SEC filings show that Dalfonsi John bought 5,000 shares of the company’s common stock on Jun 16 ’23 at a price of $4.88 per share for a total of $24400.0. Following the purchase, the insider now owns 74803.0 shares.
BranchOut Food Inc disclosed in a document filed with the SEC on Jun 16 ’23 that Healy Eric (CEO) bought a total of 2,000 shares of the company’s common stock. The trade occurred on Jun 16 ’23 and was made at $5.00 per share for $10000.0. Following the transaction, the insider now directly holds 0.75 million shares of the BOF stock.
Still, SEC filings show that on Jun 15 ’23, Dalfonsi John (Director) acquired 25,000 shares at an average price of $6.00 for $0.15 million. The insider now directly holds 69,803 shares of BranchOut Food Inc (BOF).
