Borealis Foods (NASDAQ:BRLS - Get Free Report) posted its quarterly earnings results on Tuesday. The company reported ($0.27) EPS for the quarter, Zacks reports. The business had revenue of $6.76 million for the quarter.
Borealis Foods Price Performance
Borealis Foods stock traded down $0.08 during midday trading on Friday, hitting $5.92. 56 shares of the company were exchanged, compared to its average volume of 26,924. The business has a fifty day simple moving average of $6.04 and a two-hundred day simple moving average of $6.04. The company has a quick ratio of 0.15, a current ratio of 0.44 and a debt-to-equity ratio of 4.92. Borealis Foods has a fifty-two week low of $3.71 and a fifty-two week high of $10.75.
About Borealis Foods
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Borealis Foods Inc operates as a food technology company that develops plant-based ready-to-eat meals. The company also developed ambient ready-to-eat high-protein meals for U.S. and global humanitarian food programs. Its products include Chef Woo, a plant based instant ramen meals that provides with 20 grams of plant-based complete protein; and Ramen Express, a vegetarian ramen noodles.
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