Better Choice Company Inc. (NYSE:SRXH – Get Free Report) saw an uptick in trading volume on Tuesday . 2,172,217 shares changed hands during trading, an increase of 175% from the previous session’s volume of 790,874 shares.The stock last traded at $1.5207 and had previously closed at $1.82.
Better Choice Price Performance
The firm has a market cap of $1.16 billion, a PE ratio of -0.10 and a beta of 0.68. The company has a 50 day simple moving average of $26.18 and a 200-day simple moving average of $15.35.
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.
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