The Bubs Australia Limited (ASX: BUB) share price fell 18% to $0.56 this morning. Its share price is down 33% in the past week, but up 315% in the past 3 months.
According to Google Finance, Bubs Australia Limited is engaged in the business of production and sale of infant milk formula and organic infant food in the infant food category. The Company produces organic infant food products under the BUBS brand. Its products include first and second stage fruit and vegetable purees, protein meals, cereals and healthy toddler snacks. The recipes are based on organic ingredients, such as blueberries, banana and pumpkin, with a menu, including grains, such as quinoa and amaranth.
It also produces BUBS ADVANCED PLUS+ Goat Milk formula, which is made in Australia and is available in over three stages from infant to toddler. It blends goat whey protein with a daily intake of essential fatty acids, vitamins, amino acids and prebiotics. Bubs products are sold across Australia in various retail outlets, as well as in Chinese cross-border e-commerce platforms.
Bubs has a market capitalisation of $107 million and doesn't pay a dividend, according to Google Finance.
