The stock of Skypeople Fruit Juice Inc (NASDAQ:SPU) is a huge mover today! The stock decreased 2.33% or $0.22 during the last trading session, hitting $9.21. About 1.01 million shares traded hands. Skypeople Fruit Juice Inc (NASDAQ:SPU) has risen 161.65% since February 29, 2016 and is uptrending. It has outperformed by 151.22% the S&P500.
The move comes after 7 months negative chart setup for the $35.65M company. It was reported on Oct, 1 by Barchart.com. We have $8.20 PT which if reached, will make NASDAQ:SPU worth $3.92M less.
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: Prnewswire.com which released: “SkyPeople Announces Change of Independent Auditors” on September 23, 2016, also Benzinga.com with their article: “SkyPeople Fruit Juice Reacts To Unusual Market Activity, Blames It On …” published on July 18, 2016, Benzinga.com published: “SkyPeople Fruit Juice Falls Following Geo Investing’s On The Ground Due Diligence” on August 30, 2016. More interesting news about Skypeople Fruit Juice Inc (NASDAQ:SPU) were released by: Benzinga.com and their article: “15 Biggest Mid-Day Gainers For Wednesday” published on September 28, 2016 as well as Prnewswire.com‘s news article titled: “SkyPeople Fruit Juice Reports Third Quarter 2015 Financial Results” with publication date: November 16, 2015.
SPU Company Profile
Skypeople Fruit Juice, Inc., incorporated on June 29, 1998, is a holding company. The Firm has two direct wholly owned subsidiaries: Pacific Industry Holding Group Co., Ltd. (Pacific) and Harmony MN Inc. (Harmony). The Company, through its indirect subsidiaries in the People’s Republic of China (the PRC), is engaged in the production and sale of fruit juice concentrates (including fruit purees, concentrated fruit purees and concentrated fruit juices); fruit beverages (including fruit juice beverages and fruit cider beverages), and other fruit-related products (including organic and non-organic fresh fruits, dried fruit, preserved fruit and fructose). The Company’s products include fruit juice concentrates, including concentrated apple, pear and kiwi juices; fruit beverages, including pure fruit beverages and fruit cider beverages, and other fruit-related products, including fresh fruits and vegetables and fructose, among others.
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