Bruush Oral Care Inc. [NASDAQ: BRSH] closed the trading session at $0.14. The company report on December 18, 2023 at 7:00 AM that Arrive Acquires AirBox Technologies in Advance of Brüush Merger.
Acquisition Broadens Patent Portfolio and Propels Arrive’s Smart Mailbox as a Service Capabilities.
Bruush Oral Care Inc. (Nasdaq:BRSH) (“Brüush”) announced today that its pending merger partner, Arrive Technology Inc. (“Arrive”), a technology company focused on facilitating the last inch of the last-mile for autonomous delivery, has acquired AirBox Technologies (“AirBox”). This acquisition includes AirBox’s patent portfolio, which Arrive believes will broaden the capabilities of its high-tech mailbox system designed for autonomous and conventional package delivery. In addition to acquiring the patent portfolio, AirBox’s CEO Brandon Pargoe has joined the Arrive team as Vice President of Product Operations.
The stocks have a year to date performance of 5.47 percent and weekly performance of 2.01 percent. The stock has been moved at -96.01 percent over the last six months. The stock has performed -11.67 percent around the most recent 30 days and changed -61.06 percent over the most recent 3-months.
If compared to the average trading volume of 7.87M shares, BRSH reached to a volume of 9572481 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say about Bruush Oral Care Inc. [BRSH]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for BRSH shares is $141.00 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on BRSH stock is a recommendation set at 1.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
BRSH stock trade performance evaluation
Bruush Oral Care Inc. [BRSH] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 2.01. With this latest performance, BRSH shares dropped by -11.67% in over the last four-week period, additionally sinking by -96.01% over the last 6 months – not to mention a drop of -98.51% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for BRSH stock in for the last two-week period is set at 45.58, with the RSI for the last a single of trading hit 53.36, and the three-weeks RSI is set at 39.51 for Bruush Oral Care Inc. [BRSH]. The present Moving Average for the last 50 days of trading for this stock 0.1661, while it was recorded at 0.1201 for the last single week of trading, and 3.1519 for the last 200 days.
Bruush Oral Care Inc. [BRSH]: An insightful look at the core fundamentals
Bruush Oral Care Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.12 and a Current Ratio set at 0.15.
Bruush Oral Care Inc. [BRSH]: Institutional Ownership
The top three institutional holders of BRSH stocks are: VANGUARD GROUP INC with ownership of 1.3 billion shares, which is approximately 8.2815%. BLACKROCK INC., holding 1.03 billion shares of the stock with an approximate value of $176.59 billion in BRSH stocks shares; and BERKSHIRE HATHAWAY INC, currently with $156.75 billion in BRSH stock with ownership which is approximately 5.8325%.
