Better Choice Company Inc. (NYSE:SRXH – Get Free Report) shot up 2.1% on Thursday . The stock traded as high as $1.72 and last traded at $1.48. 1,721,900 shares were traded during trading, a decline of 20% from the average session volume of 2,139,567 shares. The stock had previously closed at $1.45.
Better Choice Stock Up 2.1%
The firm has a market capitalization of $14.59 million, a PE ratio of -0.07 and a beta of 0.73. The stock has a 50-day simple moving average of $24.51 and a 200-day simple moving average of $13.92.
About Better Choice
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.
Further Reading
- Five stocks we like better than Better Choice
- Microsoft Just Flipped the AI Spending Narrative Overnight
- Qualcomm’s Turnaround Is Working, So Why Is Wall Street Selling?
- Meta’s Earnings Show Why Wall Street Is Losing Patience With AI Spending
- Can Starbucks Keep This Turnaround Going? The Latest Results Say Yes
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.
