Could Bevo Agro Inc Recover After Today’s Huge Decline?

 Could Bevo Agro Inc Recover After Today's Huge Decline?

The stock of Bevo Agro Inc (CVE:BVO) is a huge mover today! About 36,080 shares traded hands or 60.29% up from the average. Bevo Agro Inc (CVE:BVO) has risen 6.00% since October 9, 2016 and is uptrending. It has outperformed by 4.04% the S&P500.
The move comes after 9 months negative chart setup for the $34.33 million company. It was reported on Nov, 8 by Barchart.com. We have $1.09 PT which if reached, will make CVE:BVO worth $4.46M less.

More news for Bevo Agro Inc (CVE:BVO) were recently published by: Reuters.com, which released: “BRIEF-Bevo Agro Inc. reports Q4 and fiscal 2016 results” on October 13, 2016. Reuters.com‘s article titled: “BRIEF-Jiangyin Haida Rubber and Plastic sees 2016 Q1~Q3 net profit to incr…” and published on October 13, 2016 is yet another important article.

Bevo Agro Inc. is engaged in the propagation of plants in North America, providing greenhouses, field farms, nurseries, and wholesalers across the continent with plants. The company has a market cap of $34.33 million. The Firm operates through the segment of propagation and production of greenhouse products. It has a 11.32 P/E ratio. It operates approximately 45 acres of propagation greenhouse facilities on approximately 100 acres of land in Milner, British Colombia and approximately 20 acres of land in Pitt Meadows, British Colombia.

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