Thursday, August 22, 2024

Early Bird Watchlist: Get Blue Star Foods Corp. (NASDAQ: BSFC) on Your Radar Right Now

The Next Market Crux Exclusive Profile is Here!


After Yesterday’s Profile Showcased An Approximate 182% Move Before The Opening Bell Even Rang, We Need To Immediately Turn Our Attention To Blue Star Foods Corp. (NASDAQ: BSFC)!


Blue Star Foods Corp. (NASDAQ: BSFC) Comes Stacked with Several 

Potential Catalysts Like:


Low Float: Less Than 2.5M Shares Available, Potential For Volatility and

 Movement If Demand Shifts.


Bullish Signals: 17 Bullish Signals Triggered As of Yesterday (8/21), With an Approximate 36% Move Over the Previous Four Sessions!


Growth Potential: Market Cap Under $3.5M, Flying Under 

Wall Street's Radar—Until Now!


Tech Integration: AI And UV Technology Revolutionizing Crab Shedding,

 Boosting Efficiency.


Fiscal Performance: 14% Revenue Increase And 27% Gross Pro-fit Growth

 In the First Half 2024.


Strong Assets: $8.1M In Total Assets, (with a Market Cap Under $3.5M) Focus On Reducing Losses and Enhancing Pro-fit-ability. 


Military Partnership: Strategic Deal To Provide Nutritious Meals To U.S. Military!


Immediately Turn Your Attention To Blue Star Foods Corp. (NASDAQ: BSFC)!







August 22, 2024



Dear Reader,




Coming off of yesterday’s profile that showcased an approximate 182% move before the opening bell even rang, we need to immediately turn your attention to Blue Star Foods Corp. (NASDAQ: BSFC)!


But you better hurry, because with a small float of less than 2.5M shares available to the public, Blue Star Foods Corp. (NASDAQ: BSFC) could be poised for potential volatility and significant movement if demand begins to shift.


The momentum appears to already be building—using technical analysis tools from Trading View, Blue Star Foods Corp. (NASDAQ: BSFC) triggered 17 bullish signals as of 12:12 PM EST yesterday (8/21) on the 15 minute time-frame. Over the previous four sessions, (BSFC) has surged approximately 36% from its 52-week low on 8/16, reaching $1.34 yesterday.

With a market cap under $3.5M, Blue Star Foods Corp. (NASDAQ: BSFC) might have flown under Wall Street's radar—until now. 


It's time to start your research and see what this emerging player in the market could offer.


Adding to the intrigue, just five days ago on August 16, Blue Star Foods Corp. (NASDAQ: BSFC) submitted a request to withdraw their Registration Statement on Form S-1. 


This move emphasizes the company's commitment to creating long-term value, highlighting that they are not merely reacting to short-term market fluctuations but are instead focused on its sustainable growth potential. 


This careful, measured approach could make Blue Star Foods Corp. (NASDAQ: BSFC) especially appealing to those looking for a company with a strong foundation.


Keep reading to see why Blue Star Foods Corp. (NASDAQ: BSFC) needs to be #1 on today's watchlist.

In recent years, the global seafood industry has undergone a significant transformation as consumer awareness and concern for sustainable practices have grown. 


With the increasing focus on minimizing environmental impact, the demand for sustainably harvested or farmed seafood has surged. 


This shift in consumer behavior is reflected in the sustainable seafood market, which was valued at approximately $16.85B a few years ago and is projected to reach around $26.05B by 2030.


Amid this growing market, Blue Star Foods Corp. (NASDAQ: BSFC) stands out as one little-known company to keep a close eye on.


Blue Star Foods Corp. (NASDAQ: BSFC) is an integrated Environmental, Social, and Governance (ESG) seafood company dedicated to processing, packaging, and selling high-value seafood products. 


The company prides itself on utilizing state-of-the-art technology to manage resources sustainably, ensure traceability, and employ ecological packaging solutions. 


Additionally, Blue Star Foods Corp. (NASDAQ: BSFC) owns and operates the oldest continuously running Recirculating Aquaculture System (RAS) full grow-out salmon farm in North America, a testament to its pioneering efforts in sustainable seafood farming.

Recent Fiscal and Operational Performance

Blue Star Foods Corp. (NASDAQ: BSFC) has shown impressive growth and operational efficiency in the first half of 2024, making it a company to keep on your radar. 


Key highlights from their recent quarterly reports include:


  • Revenue Growth: The company reported a 14% increase in revenue for the first half of 2024, reaching $4M. This growth was driven by a combination of expanded operations and increased demand for their sustainable seafood products.


  • Improved Pro-fit-ability: Blue Star Foods achieved a 27% increase in gross pro-fit, demonstrating its ability to manage costs effectively while expanding its market presence. The company’s gross margins also improved significantly, with a 1,170 basis point increase to 16.6% for the quarter ending June 30, 2024.


  • Reduced Operating Loss: The company has made substantial strides in reducing its operating loss, which decreased by 24% for the six-month period. This reduction is indicative of Blue Star Foods' commitment to operational efficiency and fiscal sustainability.


  • Asset Growth: The company’s total assets reached $8.1M, reflecting the strength of its inventory and RAS biomass, which were valued at $2.6M.


These fiscal achievements underscore Blue Star Foods Corp. (NASDAQ: BSFC)’s resilience and ability to thrive in a competitive and evolving market, positioning it as a strong contender in the sustainable seafood industry.


Innovations in Soft-Shell Crab Operations

One of Blue Star Foods Corp. (NASDAQ: BSFC)’s most exciting recent developments is its initiative to enhance its soft-shell crab shedding operations through the integration of Artificial Intelligence (AI) and Ultraviolet (UV) light technology. 


This cutting-edge approach is expected to revolutionize the industry by improving yield rates by 50%, leading to an estimated 12.5% increase in pro-fits.


The traditional method of identifying molting crabs, known as "busters," is labor-intensive and prone to errors, resulting in high mortality rates and inefficiencies. 


By automating this process with AI and UV technology, Blue Star Foods aims to reduce labor costs, enhance accuracy, and decrease mortality rates. 


This innovation not only improves operational efficiency but also aligns with the company’s commitment to sustainability and responsible resource management.



Strategic Partnerships and Long-Term Sustainability

Blue Star Foods Corp. (NASDAQ: BSFC) has also made significant strides in securing long-term sustainability and expanding its market presence through strategic partnerships:


  • Land-Based Aquaculture License Renewal: The company recently secured a renewal of its land-based aquaculture license through 2033, covering key species such as white sturgeon, coho salmon, chinook salmon, and rainbow trout. This renewal ensures that Blue Star Foods can continue its sustainable aquaculture practices for the next decade, reinforcing its position as a leader in the industry.


  • U.S. Military Partnership: Blue Star Foods signed a pivotal agreement with Eagle Rising to supply high-quality, nutritious meals to the U.S. Military. This partnership marks a significant milestone for the company, as it not only supports the health and well-being of military personnel but also aligns with the company’s mission of delivering sustainably sourced food solutions.

Given the global shift towards sustainable seafood and the impressive growth trajectory of the sustainable seafood market, Blue Star Foods Corp. (NASDAQ: BSFC) is a company that warrants immediate attention. Its strong fiscal performance, innovative technological advancements, strategic partnerships, and long-term sustainability initiatives make it a key player in the industry.


Blue Star Foods is not just participating in the sustainable seafood market; it is actively shaping the future of the industry. 


As consumers and businesses alike continue to prioritize sustainability, companies like Blue Star Foods that are committed to responsible practices and innovation are well-positioned for continued success.


7 reasons why Blue Star Foods Corp. (NASDAQ: BSFC) needs to be #1 on today’s watchlist.



1. Low Float: With a small float of less than 2.5M shares available to the public, Blue Star Foods Corp. (NASDAQ: BSFC) could be poised for potential volatility and significant movement if demand begins to shift.


2. Strong Bullish Signals: Utilizing technical analysis tools from Trading View, Blue Star Foods Corp. (NASDAQ: BSFC) triggered 17 bullish signals as of 12:12 PM EST yesterday (8/21). Over the previous four sessions, (BSFC) has surged approximately 36% from its 52-week low on 8/16, reaching $1.34 yesterday.


3. Higher Potential for Growth: With a market cap under $3.5M, Blue Star Foods Corp. (NASDAQ: BSFC) might have flown under Wall Street's radar—until now. 


4. Innovative Technology Integration: The company is enhancing its operations by integrating Artificial Intelligence (AI) and Ultraviolet (UV) light technology into its soft-shell crab shedding process. This innovation is set to revolutionize the industry by improving yield rates and operational efficiency, showcasing Star Foods Corp. (NASDAQ: BSFC)’s dedication to technological advancement.


5. Impressive Fiscal Performance: Blue Star Foods has reported significant growth in the first half of 2024, including a 14% increase in revenue and a 27% rise in gross pro-fit. These figures highlight the company’s ability to expand its market presence while effectively managing costs.


6. Strong Asset Base and Operational Efficiency: With total assets of $8.1M, including substantial inventory and RAS biomass, Blue Star Foods demonstrates a solid foundation for continued growth. The company’s efforts to reduce operating losses and enhance pro-fit-ability further emphasize its commitment to operational excellence


7. Partnership with the U.S. Military: Blue Star Foods has secured a strategic partnership with Eagle Rising to provide high-quality, nutritious meals to U.S. Military personnel. This agreement underscores the company’s commitment to delivering superior products while expanding its reach into new and impactful markets.


Immediately turn your attention to Blue Star Foods Corp. (NASDAQ: BSFC)!


With all the key factors pointing toward a promising future—Blue Star Foods Corp. (NASDAQ: BSFC) stands out as a company that demands your immediate attention. The combination of a low float, strong bullish signals, and significant growth potential sets the stage for potentially substantial movements. Their impressive fiscal performance, coupled with the integration of cutting-edge AI and UV light technology to revolutionize their operations, reinforces their position as a leader in the sustainable seafood market.


Blue Star Foods Corp. (NASDAQ: BSFC) has also secured a strategic partnership with Eagle Rising to provide high-quality, nutritious meals to U.S. Military personnel. This agreement underscores the company’s commitment to delivering superior products while expanding its reach into new and impactful markets. Moreover, as a pioneer in sustainable seafood, Blue Star Foods is at the forefront of a market expected to grow from $16.85B just a few years ago to around $26.05B by 2030. Their commitment to environmentally responsible practices solidifies their role as a key player in this evolving industry.


Backed by strategic partnerships, long-term licensing, and a solid asset base, Blue Star Foods Corp. (NASDAQ: BSFC) is not just poised for growth; it’s on the cusp of becoming a major player in the industry. 


Don’t miss out on Blue Star Foods Corp. (NASDAQ: BSFC).


Immediately turn your attention to Blue Star Foods Corp. (NASDAQ: BSFC). 


But remember, with less than 2.5M shares available to the public and a market cap under $3.5M, Blue Star Foods Corp. (NASDAQ: BSFC) might have flown under Wall Street's radar—until now, so immediately put (BSFC) #1 on your watchlist for today.


I’ll check back in with you shortly.

Sincerely,


Gary Silver

Managing Editor,

MarketCrux

MarketCrux (MarketCrux . com) is owned by Headline Media LLC, a limited liability company. Disclosure: I am not a lice.nsed finan.cial adviser. Make sure to always do your own research and due diligence on any day and swing profile I bring to your attention. MarketCrux full disclosure is to be read and fully understood before using MarketCrux website, or joining MarketCrux's email or text list. By viewing MarketCrux website and/or reading MarketCrux email or text newsletter you are agreeing to MarketCrux full disclosure which can be read at marketcrux.com/disclaimer



Pursuant to an agreement between Headline Media LLC and TD Media LLC, Headline Media LLC has been hired for a period beginning on 08/21/2024 and ending on 08/22/2024 to publicly disseminate information about (BSFC:US) via digital communications. Headline Media LLC has been paid five thousand USD to disseminate information about (BSFC:US) via digital communications. We own zero shares of (BSFC:US). Please see important disclosure information here: https://marketcrux.com/bsfc-disclosure-3451/

No comments:

Post a Comment

You ➕ this quiz 🟰 A certified genius

        Happy Friday! I think by now you've gathered that Fridays are for trivia, right? Of course you did because you're smart...