Better Stock Price on May 18, 2022 Breakdown

BTTR -  USA Stock  

USD 2.45  0.13  5.60%

As of today, the current price of Better Choice is  2.45 , as last reported on the 25th of June, with the highest price reaching  2.45  and the lowest price hitting  2.22  during the day.
We consider Better Choice unstable. Better Choice secures Sharpe Ratio (or Efficiency) of 0.0102, which signifies that the company had 0.0102% of return per unit of risk over the last 3 months. Our standpoint towards foreseeing the volatility of a stock is to use all available market data together with stock-specific technical indicators that cannot be diversified away. We have found twenty-eight technical indicators for Better Choice, which you can use to evaluate the future volatility of the firm. Please confirm Better Choice Risk Adjusted Performance of 0.0374, downside deviation of 4.68, and Mean Deviation of 3.22 to double-check if the risk estimate we provide is consistent with the expected return of 0.0471%.
  
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As of 06/25/2022, Net Income Common Stock is likely to grow to about 3.7 M. As of 06/25/2022, Price to Book Value is likely to grow to 1.76. Also, Price to Earnings Ratio is likely to grow to 23.23. Better Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Most Recent Activity

Shares Float
11.8 M
Shares Outstanding
29.4 M
Shares Short Prior Month
80.2 K
Earnings Share
0.46
Shares Short
270.9 K
Revenue Per Share
2.1

Better Choice Main Headline on 18th of May 2022

Filed transaction by Better Choice Co Inc director. Unconventional Insider trading

Better Choice Valuation on May 18, 2022

It is possible to determine the worth of Better Choice on a given historical date. On May 18, 2022 Better was worth 2.22 at the beginning of the trading date compared to the closed value of 2.11. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Better Choice stock. Still, in general, we apply an absolute valuation method to find Better Choice's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Visa where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Better Choice's related companies.
 Open High Low Close Volume
  2.25    2.27    2.05    2.17    966,600  
05/18/2022
  2.22    2.24    2.10    2.11    118,200  
  2.16    2.40    2.05    2.37    270,200  
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Open Value 2.22
0.0211
Downside
2.11
Closing Value
16.06
Upside

Better Choice Trading Date Momentum on May 18, 2022

On May 19 2022 Better Choice was traded for  2.37  at the closing time. The top price for the day was 2.40  and the lowest listed price was  2.05 . The trading volume for the day was 270.2 K. The trading history from May 19, 2022 was a factor to the next trading day price gain. The overall trading delta against the next closing price was 12.32% . The overall trading delta against the current closing price is 32.70% .

Better Choice Fundamentals Correlations and Trends

By evaluating Better Choice's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Better Choice's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Better financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Better Choice Stock history

Better Choice investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Better is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Better Choice will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Better Choice historical stock prices may prove useful in developing a viable investing in Better Choice
Last ReportedProjected for 2022
Weighted Average Shares19.9 M21.5 M
Weighted Average Shares Diluted21.9 M23.6 M
Issuance Purchase of Equity Shares40.2 M43.4 M
Better Choice Company Inc. operates as an animal health and wellness company. Better Choice Company Inc. was founded in 1986 and is based in Tampa, Florida. Better Choice operates under Packaged Foods classification in the United States and is traded on NYSEMKT Exchange. It employs 43 people.

Better Choice Quarterly Market Capitalization

74.88 Million

Share

Better Choice Stock Technical Analysis

Better Choice technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Better Choice technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Better Choice trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Better Choice Period Price Range

Low
May 18, 2022
High

 2.22 

  

 2.11 

-0.11-4.95%

Better Choice June 25, 2022 Market Strength

Market strength indicators help investors to evaluate how Better Choice stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Better Choice shares will generate the highest return on investment. By undertsting and applying Better Choice stock market strength indicators, traders can identify Better Choice entry and exit signals to maximize returns

Better Choice Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Better stock's direction in advance. Along with the technical and fundamental analysis of Better Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Better to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen stock market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
Continue to Trending Equities. Note that the Better Choice information on this page should be used as a complementary analysis to other Better Choice's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Global Correlations module to find global opportunities by holding instruments from different markets.

Complementary Tools for Better Stock analysis

When running Better Choice price analysis, check to measure Better Choice's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Better Choice is operating at the current time. Most of Better Choice's value examination focuses on studying past and present price action to predict the probability of Better Choice's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Better Choice's price. Additionally, you may evaluate how the addition of Better Choice to your portfolios can decrease your overall portfolio volatility.
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Is Better Choice's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Better Choice. If investors know Better will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Better Choice listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Market Capitalization
68.1 M
Quarterly Revenue Growth YOY
0.57
Return On Assets
-0.16
Return On Equity
1.11
The market value of Better Choice is measured differently than its book value, which is the value of Better that is recorded on the company's balance sheet. Investors also form their own opinion of Better Choice's value that differs from its market value or its book value, called intrinsic value, which is Better Choice's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Better Choice's market value can be influenced by many factors that don't directly affect Better Choice's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Better Choice's value and its price as these two are different measures arrived at by different means. Investors typically determine Better Choice value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Better Choice's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.