Better Choice Company Inc. (NYSE:SRXH – Get Free Report)’s stock price reached a new 52-week low during trading on Wednesday . The company traded as low as $1.17 and last traded at $1.35, with a volume of 10463744 shares changing hands. The stock had previously closed at $1.82.
Better Choice Trading Down 25.8%
The firm has a market cap of $796.84 million, a P/E ratio of -0.07 and a beta of 0.68. The business’s fifty day simple moving average is $26.28 and its 200-day simple moving average is $15.49.
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.
Read More
- Five stocks we like better than Better Choice
- Apple and Broadcom Forge a Decade-Long Silicon Fortress
- SK Hynix’s Nasdaq Listing Could Reset the AI Memory Trade
- The AI Chip Sell-Off Looks Scary, But the Real Story May Be Liquidity
- Palantir’s CEO Just Called Out OpenAI and Anthropic
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.
