Better Choice (NYSE:SRXH) Reaches New 12-Month Low – What’s Next?

Better Choice Company Inc. (NYSE:SRXHGet Free Report)’s stock price hit a new 52-week low during mid-day trading on Wednesday . The company traded as low as $1.17 and last traded at $1.35, with a volume of 10463744 shares trading hands. The stock had previously closed at $1.82.

Better Choice Stock Down 25.8%

The company has a fifty day moving average price of $26.28 and a 200 day moving average price of $15.49. The stock has a market cap of $796.84 million, a PE ratio of -0.07 and a beta of 0.68.

Better Choice Company Profile

(Get Free Report)

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.

Read More

Receive News & Ratings for Better Choice Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Better Choice and related companies with MarketBeat.com's FREE daily email newsletter.