Today’s Price Action: Could Skypeople Fruit Juice Inc Decline After Today’s Huge Increase?

Today's Price Action: Could Skypeople Fruit Juice Inc Decline After Today's Huge Increase?

The stock of Skypeople Fruit Juice Inc (NASDAQ:SPU) is a huge mover today! The stock increased 4.14% or $0.26 on November 23, hitting $6.54. About 197,650 shares traded hands. Skypeople Fruit Juice Inc (NASDAQ:SPU) has risen 172.50% since April 22, 2016 and is uptrending. It has outperformed by 167.09% the S&P500.
The move comes after 6 months positive chart setup for the $24.10M company. It was reported on Nov, 24 by Barchart.com. We have $7.13 PT which if reached, will make NASDAQ:SPU worth $2.17M more.

According to Zacks Investment Research, “SkyPeople Fruit Juice, Inc. is a holding company for Shaanxi Tianren Organic Food Co., Ltd. SkyPeople’s main products are concentrated apple, kiwifruit, pear and other fruit juices for domestic and international consumers. Its brand, HEDETANG, is positioned as a high quality, healthy and nutritious juice concentrate and clear juice product used both as an ingredient component in other products and an end-use juice concentrate product. Shaanxi Tianren is a company organized according to the laws of the People’s Republic of China. It owns the largest kiwifruit plantation in China and is a leading worldwide producer of concentrated kiwifruit juice.”

More notable recent Skypeople Fruit Juice Inc (NASDAQ:SPU) news were published by: Marketwatch.com which released: “SkyPeople Fruit Juice Inc.” on November 01, 2010, also Seekingalpha.com with their article: “China Value: Is SkyPeople Fruit Juice, Inc. A Value Buy?” published on October 28, 2016, Globenewswire.com published: “Nasdaq Halts SkyPeople Fruit Juice, Inc.” on April 15, 2016. More interesting news about Skypeople Fruit Juice Inc (NASDAQ:SPU) were released by: Prnewswire.com and their article: “SkyPeople’s Request for an Appeal Hearing is Affirmed by Nasdaq” published on October 20, 2016 as well as Prnewswire.com‘s news article titled: “SkyPeople Announces Change of Independent Auditors” with publication date: September 23, 2016.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Related posts

Leave a Comment