Better Choice (NYSE:SRXH) Hits New 52-Week High – Here’s What Happened

Better Choice Company Inc. (NYSE:SRXHGet Free Report)’s stock price reached a new 52-week high during trading on Monday . The company traded as high as $4.90 and last traded at $4.41, with a volume of 157893 shares traded. The stock had previously closed at $0.1116.

Better Choice Price Performance

The company has a fifty day moving average of $0.55 and a two-hundred day moving average of $0.30. The stock has a market capitalization of $1.03 billion, a P/E ratio of -0.08 and a beta of 0.68.

Better Choice Company Profile

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Better Choice Company Inc is a special purpose acquisition company incorporated in Delaware in August 2020. The company was formed to identify and effect a business combination with one or more established businesses, focusing primarily on the consumer packaged goods sector. Better Choice Company completed its initial public offering in early 2021 and is listed on the Nasdaq under the ticker BTTR.

The company’s stated strategy is to pursue a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination that creates value through scale, brand development and distribution expansion.

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