The stock of Ceapro Inc. (CVE:CZO) is a huge mover today! About 607,015 shares traded hands or 357.79% up from the average. Ceapro Inc. (CVE:CZO) has risen 6.00% since October 1, 2016 and is uptrending. It has outperformed by 2.53% the S&P500.
The move comes after 5 months negative chart setup for the $107.97M company. It was reported on Oct, 31 by Barchart.com. We have $1.35 PT which if reached, will make CVE:CZO worth $11.88 million less.
More notable recent Ceapro Inc. (CVE:CZO) news were published by: Marketwired.com which released: “Ceapro Inc. Awarded 2016 BioAlberta Achievement Award for Company of the Year” on September 27, 2016, also Marketwired.com with their article: “Ceapro Inc. Reports Second Quarter 2016 Financial and Operational Results” published on August 24, 2016, Benzinga.com published: “Ceapro Inc. Awarded Research Grant from German-Canadian Centre for Innovation …” on September 21, 2016. More interesting news about Ceapro Inc. (CVE:CZO) were released by: Marketwired.com and their article: “Ceapro Inc. Announces the Grand Opening of New Bio-processing Extraction Facility” published on September 28, 2016 as well as Marketwired.com‘s news article titled: “Ceapro Inc. Provides 2015 Business Highlights and 2016 Business Outlook” with publication date: April 18, 2016.
Ceapro Inc. is a Canada-based growth-stage biotechnology company. The company has a market cap of $107.97 million. The Company’s primary business activities relate to the development and commercialization of natural products for personal care, cosmetic, human and animal health industries using technology, natural and renewable resources. It has a 12.64 P/E ratio. The Company’s products include a commercial line of natural active ingredients, including beta glucan, avenanthramides , oat powder, oat oil, oat peptides and lupin peptides, which are marketed to the personal care, cosmetic, medical and animal health industries, and Veterinary therapeutic products, including an oat shampoo, an ear cleanser and a dermal complex/conditioner, which are manufactured and marketed to veterinarians in Japan and Asia.
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