Stryve Foods (SNAX) Set to Announce Earnings on Monday

Stryve Foods (NASDAQ:SNAX) will issue its quarterly earnings data after the market closes on Monday, April 1st.

Stryve Foods Price Performance

Shares of SNAX opened at $1.37 on Thursday. Stryve Foods has a 1-year low of $1.13 and a 1-year high of $12.75. The company has a market cap of $3.29 million, a price-to-earnings ratio of -0.16 and a beta of 0.99. The company’s fifty day simple moving average is $1.38 and its 200 day simple moving average is $2.29. The company has a current ratio of 0.76, a quick ratio of 0.31 and a debt-to-equity ratio of 2.70.

Hedge Funds Weigh In On Stryve Foods

Several institutional investors and hedge funds have recently modified their holdings of the stock. Vanguard Group Inc. increased its holdings in shares of Stryve Foods by 150.0% in the third quarter. Vanguard Group Inc. now owns 937,106 shares of the company’s stock valued at $497,000 after purchasing an additional 562,244 shares during the last quarter. Citadel Advisors LLC acquired a new position in shares of Stryve Foods in the third quarter valued at about $95,000. Renaissance Technologies LLC increased its position in Stryve Foods by 52.2% during the third quarter. Renaissance Technologies LLC now owns 80,680 shares of the company’s stock worth $43,000 after acquiring an additional 27,680 shares during the period. Millennium Management LLC bought a new position in Stryve Foods during the second quarter worth about $50,000. Finally, Cannell Capital LLC bought a new position in Stryve Foods during the first quarter worth about $1,924,000. 40.28% of the stock is currently owned by institutional investors and hedge funds.

About Stryve Foods

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.