Basanite, Inc. (BASA) Stock
Basanite, Inc. is a global enterprise specializing in basalt fiber reinforced polymer (FRP) technology.
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About Basanite, Inc.
Basanite, Inc. is a global enterprise specializing in basalt fiber reinforced polymer (FRP) technology. The company develops and manufactures basalt FRP products that serve as superior alternatives to conventional steel reinforcement, as well as other FRP rebar and various industrial fiber materials. Established in 2006, the firm was initially known as PayMeOn, Inc. before officially rebranding to Basanite, Inc. in December 2018. Its corporate headquarters are located in Oakland Park, Florida.
Basanite, Inc. is headquartered in US.
Basanite, Inc. (BASA) stock trades at $0.02 with a market capitalization of $4.82M. The stock is valued at a price-to-earnings (P/E) ratio of -2.20, price-to-book of -0.43, price-to-sales of 121.97. Over the past 52 weeks the stock has ranged between $0.01 and $0.07, and currently trades 71.4% below its 52-week high.
On profitability, Basanite, Inc. generates a return on equity (ROE) of 20.67% — well above the market average, a sign of a high-quality business, return on capital employed of 10.51%.
Official website: www.basaniteindustries.com