Better Choice Company Inc. (NYSE:SRXH – Get Free Report) shares shot up 1.9% during mid-day trading on Friday . The stock traded as high as $1.6650 and last traded at $1.59. 569,702 shares changed hands during trading, a decline of 70% from the average daily volume of 1,913,619 shares. The stock had previously closed at $1.56.
Better Choice Price Performance
The company has a market cap of $32.22 million, a P/E ratio of -0.08 and a beta of 0.82. The stock has a 50-day moving average of $1.79 and a 200 day moving average of $12.22.
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.
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