Shares of Smart for Life, Inc. (NASDAQ:SMFL – Free Report) are set to reverse split on Monday, April 22nd. The 1-7 reverse split was announced on Monday, April 22nd. The number of shares owned by shareholders will be adjusted after the closing bell on Monday, April 22nd.
Smart for Life Stock Up 4.0 %
Shares of NASDAQ:SMFL opened at $0.48 on Friday. The firm has a market cap of $384,800.00, a P/E ratio of 0.00 and a beta of 0.86. The company has a quick ratio of 0.04, a current ratio of 0.18 and a debt-to-equity ratio of 8.93. Smart for Life has a 12-month low of $0.33 and a 12-month high of $68.31. The business has a fifty day simple moving average of $0.76 and a 200 day simple moving average of $1.36.
Institutional Inflows and Outflows
An institutional investor recently bought a new position in Smart for Life stock. UBS Group AG bought a new position in shares of Smart for Life, Inc. (NASDAQ:SMFL – Free Report) in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm bought 25,629 shares of the company’s stock, valued at approximately $29,000. UBS Group AG owned about 0.12% of Smart for Life as of its most recent SEC filing. Hedge funds and other institutional investors own 28.39% of the company’s stock.
Smart for Life Company Profile
Smart for Life, Inc acquires, develops, manufactures, operates, markets, and sells nutraceutical and related products in the United States and internationally. It offers natural health and wellness meal replacement products, including nutrition bars, cookies, soups and shakes, vitamins, and supplements under the Smart for Life brand; dietary supplements; and nutritional products, including whey protein isolate powder, tablet supplements for joint health, nitric oxide, post workout blends, Omega-3 supplements, and pre-workout supplements under the Sports Illustrated Nutrition brand for athletes and active lifestyle consumers.
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