Blue Star Foods (OTCMKTS:BSFC) Rating Lowered to Sell at Zacks Investment Research

Blue Star Foods (OTCMKTS:BSFCGet Rating) was downgraded by Zacks Investment Research from a “hold” rating to a “sell” rating in a report released on Friday, Zacks.com reports.

According to Zacks, “Blue Star Foods Corp. is an integrated ESG seafood company which processes, packages and sells seafood products. Blue Star Foods Corp. is based in Miami, Florida. “

BSFC traded down $0.07 during trading on Friday, reaching $1.53. 33,676 shares of the company traded hands, compared to its average volume of 1,341,193. The company has a current ratio of 1.42, a quick ratio of 1.11 and a debt-to-equity ratio of 0.02. Blue Star Foods has a 12-month low of $1.37 and a 12-month high of $8.00. The firm has a fifty day simple moving average of $1.87 and a 200 day simple moving average of $3.01.

Blue Star Foods Company Profile (Get Rating)

Blue Star Foods Corp., an international seafood company, imports, packages, and sells refrigerated pasteurized crab meat and other premium seafood products sourced primarily from Southeast Asia and other premium seafood products. It sells its products primarily to food service distributors, as well as wholesalers, retail establishments, and seafood distributors under the Blue Star, Pacifika, Oceanica, Crab & Go Premium Seafood, Lubkin, First Choice, Good Stuff, Coastal Pride Fresh, and Little Cedar Falls the United States, Canada, and Europe.

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