Better Choice (NYSE:SRXH) Stock Falls 7.5% – Here’s What Happened

Shares of Better Choice Company Inc. (NYSE:SRXH – Get Free Report) fell 7.5% during trading on Monday. The company traded as low as $1.47 and last traded at $1.49. Approximately 607,962 shares traded hands during trading, a decline of 66% from the average session volume of 1,806,228 shares. The stock had previously closed at $1.61.

Better Choice Trading Up 4.7%

The firm has a market capitalization of $31.41 million, a PE ratio of -0.07 and a beta of 0.88. The firm has a 50-day moving average of $1.65 and a two-hundred day moving average of $11.52.

About Better Choice

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Better Choice Holdings Corp. (NYSE: SRXH) is a pet health and wellness company focused on developing, marketing and selling premium products for dogs and cats. Its offerings are designed to support animal nutrition and overall well-being and include pet food, treats and related wellness products.

The company’s principal brand is Halo, which offers holistic and natural-oriented dog and cat food, treats and supplements. Better Choice distributes its products through online channels, specialty pet retailers and other retail outlets, serving customers in the United States and select international markets.

Better Choice has historically focused on expanding its portfolio of premium pet-care products and building a multichannel distribution platform.

Further Reading

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