Borealis Foods (NASDAQ:BRLS) Issues Earnings Results

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

Borealis Foods Price Performance

Borealis Foods stock traded up $0.20 during midday trading on Tuesday, reaching $5.96. 638 shares of the stock were exchanged, compared to its average volume of 4,536. The company has a debt-to-equity ratio of 4.92, a quick ratio of 0.15 and a current ratio of 0.44. Borealis Foods has a 52 week low of $3.71 and a 52 week high of $10.75. The company’s fifty day moving average is $6.04 and its 200-day moving average is $6.04.

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.