AquaBounty Technologies, Inc. AQB
Set alert
At close · Oct 30
After hours · Oct 30, 7:04 PM ET
- YTD
- +27.96%
- 1 year
- -10.53%
- Open
- 1.22
- Prev close
- 1.25
- Mkt cap
- 15.82M
- Vol
- 84.19K
- Avg vol
- 511.90K
- EPS
- -0.31
- P/E
- 0.00
- Div yield
- 0.00%
More statistics
- Low
- 1.12
- High
- 1.24
- Forward P/E
- -0.32
- Beta
- 1.15
- Short ratio
- 3.10
- Inst. own
- 10.04%
- Dividend
- 0.00
- Ex-div date
- 50-d avg
- 0.97272
- 200-d avg
- 1.45
- 1y target
- 1.00
Discussion (30)
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The exact composition of Aquabounty’s salmon feed may involve a blend of fishmeal, which is a concentrated protein source derived from various fish species, including anchovies and sardines. Plant proteins, such as those from soy or corn, are incorporated to balance the nutritional profile. Additionally, the feed may contain vitamins, minerals, and other additives essential for the overall health and growth of the salmon. Aquabounty carefully formulates the feed to meet the specific dietary requirements of their genetically modified salmon, aiming to optimize their growth rates and nutritional needs throughout the different stages of development.
High Capital expenditure during this economic phase is not ideal, however it needs to be done. Cash flow management is fantastic. Future financing of further projects will not be funded by stock dilutions, as other means will be sought. Milestones are being met while management adapt to the economic situation. CEO has brought in a highly experienced team. There is a clear vision, starting out with Salmon and expanding domestically and internationally. The vision also includes other species down the line. Much more joint ventures/acquisitions/developments to come over the years. This product has a strong moat when it comes to profit margins in the land based fish farming sector. Watch this space. Patience. Invest when price is low.
?AquaBounty salmon contain 3 genes. Base genes are Atlantic salmon (considered healthy and very palatable), the growth regulating gene (speedier and bigger growth) is from the Pacific Chinook salmon, and the ocean pout fish (eel shaped fish-not eel) gene, which allows them to grow year round instead of only spring and summer. Just so you know, the flesh of the ocean pout is firm, very low in oil and cooks up snow white and is a very mild tasting fish.