Stryve Foods (NASDAQ:SNAX) Shares Down 6.7% – Time to Sell?

Stryve Foods, Inc. (NASDAQ:SNAX) shares traded down 6.7% during trading on Thursday . The stock traded as low as $0.50 and last traded at $0.55. 3,865 shares traded hands during mid-day trading, a decline of 95% from the average session volume of 72,289 shares. The stock had previously closed at $0.59.

Stryve Foods Stock Performance

The company has a market cap of $2.23 million, a P/E ratio of -0.10 and a beta of 1.30. The business has a 50 day moving average price of $0.61 and a two-hundred day moving average price of $0.85.

Stryve Foods Company Profile

Stryve Foods, Inc manufactures, markets, and sells snacking products in North America. The company's product portfolio consists primarily of air-dried meat snack products marketed under the Stryve, Kalahari, Braaitime, and Vacadillos brands. It also produces charcuterie slabs, thinly sliced steaks, air-dried beef sticks, biltong, biltong slabs, crisps, carne seca, sliced biltong, and droëwors products, as well as markets and sells human-grade pet treats under the brand Two Tails.