Borealis Foods (NASDAQ:BRLS) Posts Earnings Results

Borealis Foods (NASDAQ:BRLS) issued its earnings results on Tuesday. The company reported ($0.27) earnings per share for the quarter, Zacks reports.

Borealis Foods Price Performance

BRLS traded up $0.20 on Tuesday, hitting $5.96. The company’s stock had a trading volume of 638 shares, compared to its average volume of 4,536. The company’s 50 day simple moving average is $6.04 and its 200-day simple moving average is $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 12 month low of $3.71 and a 12 month high of $10.75.

Borealis Foods Company Profile

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.