What’s in Naturally Splendid Enterprises Ltd After Today’s Huge Decline?

 What's in Naturally Splendid Enterprises Ltd After Today's Huge Decline?

The stock of Naturally Splendid Enterprises Ltd (CVE:NSP) is a huge mover today! The stock last traded at $0.39 per share. It is down 6.00% since October 30, 2016 and is uptrending. It has outperformed by 0.74% the S&P500.
The move comes after 6 months negative chart setup for the $29.46 million company. It was reported on Nov, 29 by Barchart.com. We have $0.36 PT which if reached, will make CVE:NSP worth $2.06M less.

More recent Naturally Splendid Enterprises Ltd (CVE:NSP) news were published by: Marketwired.com which released: “Naturally Splendid Enterprises Ltd. Featured in CANNAINVESTOR Magazine” on August 16, 2016. Also Marketwired.com published the news titled: “Naturally Splendid Signs Letter of Intent to Acquire Packaging Equipment” on September 26, 2016. Marketwired.com‘s news article titled: “Naturally Splendid Secures Additional $2100000 Purchase Order for Export” with publication date: July 21, 2016 was also an interesting one.

Naturally Splendid Enterprises Ltd. is a biotechnology company, which is engaged in the business of developing, commercializing, producing, selling and licensing hemp-derived Omega foods, nutritional food enhancers and related products. The company has a market cap of $29.46 million. The Company, through BPC Manufacturing Corp., operates a facility that processes a range of products, including a suite of plant omega technologies, such as HempOmega. It currently has negative earnings. It has an agreement with Medropharm GmbH, which specializes in the production, extraction, research and formulation of raw materials and products derived from industrial hemp.

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