MicroSalt (SALT) Share Price, News & Analysis

Company Overview

MicroSalt® produces a patented full-flavour, low-sodium salt for food manufacturers and consumers. MicroSalt is a major potential disruptor in the food market, thanks to its micron sized particles which deliver the same sense of saltiness to a wide range of foods but with approximately 50% less sodium. Excess sodium consumption is a significant contributor to cardiovascular disease and MicroSalt's solution meets the rising demand for healthier alternatives to traditional salt. The WHO has set a target for reducing global sodium intake by 30% by 2025, which it estimates will save 7 million lives by 2030. Each year, cardiovascular disease costs the UK £19 billion - if the average salt intake was reduced by one gram per day, it has been estimated that 4,147 lives and £288 million would be saved each year in the UK. As a nation, the UK consumes 183 million kilograms of salt each year, and 70% of the typical person's sodium intake is hidden in processed foods. Operational since 2018, MicroSalt uses a patent-protected technology which helps create high barriers to entry within the reduced-sodium salt market.

Key Stats

• Today's Range: 66.75 to 67.20
• 50-Day Range: 48.81 to 73
• 52-Week Range: 33 to 105
• Volume: 10,411 shs
• Average Volume: 48,665 shs
• Market Capitalization: £34.82 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

SALT Stock Analysis - Frequently Asked Questions

How have SALT shares performed this year?

MicroSalt's stock was trading at GBX 76.50 at the start of the year. Since then, SALT shares have decreased by 12.2% and is now trading at GBX 67.20.

How do I buy shares of MicroSalt?

Shares of SALT stock and other U.K. stocks can be purchased through online brokerage accounts that support trading on the London Stock Exchange (LSX). Some U.K. companies can be purchased through major U.S. brokerages in the form of American Depository Receipts (ADRs), which are placeholder equities held in a trust by a bank that represent shares of a foreign stock.

Industry, Sector and Symbol

• Stock Exchange: LON
• Sector: N/A
• Industry: N/A
• Sub-Industry: N/A
• Current Symbol: LON:SALT
• CIK: N/A
• Web: N/A
• Phone: N/A
• Fax: N/A
• Employees: N/A
• Year Founded: N/A

Profitability

• EPS (Trailing Twelve Months): GBX (0.11)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: -£12.56 million
• Net Margins: -1,157.73%
• Pretax Margin: N/A
• Return on Equity: 3,081.05%
• Return on Assets: N/A

Debt

• Debt-to-Equity Ratio: 335.35
• Current Ratio: 6.26
• Quick Ratio: N/A

Sales & Book Value

• Annual Sales: £1.37 million
• Price / Sales: 25.49
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: GBX 7.54 per share
• Price / Book: 8.91

Miscellaneous

• Outstanding Shares: 51,820,000
• Free Float: N/A
• Market Cap: £34.82 million
• Optionable: N/A
• Beta: N/A