Full Answer
Is SHMP a sell or buy on Robinhood?
Success! Today SHMP ranks #12137 as sell candidate. Get a Free Stock at Robinhood Given the current short-term trend, the stock is expected to rise 2.16% during the next 3 months and, with a 90% probability hold a price between $0.34 and $0.54 at the end of this 3-month period.
Is naturalshrimp incorporated stock a buy or sell?
The NaturalShrimp Incorporated stock holds sell signals from both short and long-term moving averages giving a more negative forecast for the stock. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average.
How do you know when a stock is oversold or overbought?
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior. The NaturalShrimp Incorporated stock price gained 1.64% on the last trading day (Monday, 7th Feb 2022), rising from $0.34 to $0.34.
How many shares were sold and bought in the last 13 days?
In the last 13 trades there were 328.04 million shares bought and 91.91 million shares sold. The last trade was done 2 374 days ago by Delgado William J who sold 94.04 thousand shares.
Will Shmp stock go up?
Based on our forecasts, a long-term increase is expected, the "SHMP" stock price prognosis for 2027-06-25 is 0.429 USD. With a 5-year investment, the revenue is expected to be around +295.19%. Your current $100 investment may be up to $395.19 in 2027.
Is shrimp a good stock to buy?
We therefore hold a negative evaluation of this stock.
Is Shmp listed on Nasdaq?
NaturalShrimp Inc (SHMP) Institutional Holdings | Nasdaq.
What is a reverse split on stocks?
When a company completes a reverse stock split, each outstanding share of the company is converted into a fraction of a share. For example, if a company declares a one for ten reverse stock split, every ten shares that you own will be converted into a single share.
Signals & Forecast
There are mixed signals in the stock today. The NaturalShrimp Incorporated stock holds a buy signal from the short-term moving average; at the same time, however, the long-term average holds a general sell signal.
Support, Risk & Stop-loss
NaturalShrimp Incorporated finds support from accumulated volume at $0.28 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.
Is NaturalShrimp Incorporated stock A Buy?
NaturalShrimp Incorporated holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this stock. We have upgraded our analysis conclusion for this stock since the last evaluation from a Strong Sell to a Sell candidate.
Insiders are very negative
In the last 13 trades there were 328.04 million shares bought and 91.91 million shares sold. The last trade was done 2 393 days ago by Delgado William J who sold 94.04 thousand shares.
NaturalShrimp Stock Price Analysis
The rally has come at the backdrop of the company confirming it has inked a new capital injection deal with its investment partner GHS LLP. The new deal could not have come at a better time as the company is reeling from the shutdown of operation in Texas after fire destroyed its LaCoste pilot plant.
What Does NaturalShrimp Stock Do?
NaturalShrimp is an aqua-tech company specializing in the development of commercially viable systems for growing shrimp in enclosed saltwater systems. The company uses patented technology to produce fresh naturally growth shrimp without the use of antibiotics or toxic chemicals.
Balance Sheet Boost
NaturalShrimp is edging higher in the market on the confirmation that its investment partner, GHS LLP, has agreed to complete a $5 million Securities Purchase Agreement reached last year. The investor has $2.25 million outstanding of the initial $5 million Series B stock purchase agreement.
LaCoste Pilot Plant Fire
The financing wave comes hot on the heels of NaturalShrimp suffering a major blow in March after its LaCoste pilot Plant was gutted down by the fire. The fire happened as the company was restocking 1.5 million PLs.
Bottom Line
The future looks bring NaturalShrimp stock awaiting insurance compensation following the gutting down of its Texas pilot plant. Amidst the recent setbacks, the company’s subsidiary initiatives continue to do exceedingly well amidst the challenging environment triggered by the COVID-19 pandemic.
How much cash did the company receive from the sale of common shares in 2021?
During the three months ended June 30, 2021, the Company received net cash proceeds of approximately $17,277,000 from the sale of common shares (See Note 9). Management believes that private placements of equity capital will be needed to fund the Company’s long-term operating requirements.
What is the impact of shrimp trawling?
Impacts. Tropical shrimp trawling has one of the highest bycatch rates of all fishing techniques and often damages the ocean´s seafloor. Large trawl nets dragged along the sea bottom scoop up everything in their path
About NaturalShrimp Incorporated
NaturalShrimp Incorporated operates as a shrimp farming company in the United States and internationally. It develops a technology to produce fresh, gourmet-grade shrimp. The company was founded in 2001 and is based in Dallas, Texas.... Read more
Golden Star Signal
This unique signal uses moving averages and adds special requirements that convert the very good Golden Cross into a Golden Star. This signal is rare and, in most cases, gives substantial returns. From 10 000+ stocks usually only a few will trigger a Golden Star Signal per day!
Stock Podcast
featured in The Global Fintech Index 2020 as the top Fintech company of the country.
What is Stock Sentiment?
Sentiment uses short term technical analysis to gauge whether a stock is desired by investors. As a technical indicator, it focuses on recent trends as opposed to the long term health of the underlying company. Updates for the company such as a earnings release can move the stock away from current trends.
What's Happening With SHMP Stock Today?
NaturalShrimp Inc (SHMP) stock is trading at $0.54 as of 9:49 AM on Wednesday, Oct 20, a rise of $0.04, or 8.55% from the previous closing price of $0.50. The stock has traded between $0.51 and $0.54 so far today. Volume today is below average. So far 664,698 shares have traded compared to average volume of 1,729,028 shares.
More About NaturalShrimp Inc
NaturalShrimp Inc is a shrimp farming biotechnology company. The firm with its subsidiaries develops proprietary technologies for the growth and sale of natural shrimp indoors without the use of antibiotics or toxic materials. Its products include Vibrio suppression technology and Automated monitoring and control system.
When did the TPWD inspect the shrimp?
The TPWD also conducted an onsite inspection of the shrimp and the Company’s production facility on February 22, 2019. (Article is linked above) >>> Paul Knopick email at E&E Communications: [email protected]. >>> Office Telephone Number for Paul Knopick at E&E Communications: (940) 262-3584.
When was the 2015 10-K filed?
Important factors that could cause such differences include, but are not limited to the Risk Factors and other information set forth in the Company's Annual Report on Form 10-K filed on March 30, 2015, and in our other filings with the U.S. Securities and Exchange Commission. Contact: William Delgado.
What is forward-looking statement?
Forward-looking statements give the Company's current expectations or forecasts of future events. Such statements are subject to risks and uncertainties that are often difficult to predict and beyond the Company's control and could cause the Company's results to differ materially from those described.
When is Natural Shrimp 2019?
March Event (1): NaturalShrimp will be at "Seafood Expo North America" March 17-19, 2019, the Largest Seafood Expo in North America for Suppliers, Industry Professionals. SHMP management is hitting all of the top industry gatherings in the U.S. to engage the broadest range of those in attendance. https://www.seafoodexpo.com/north-america/.
What is the RAS for shrimp?
Dallas, TX, Aug. 21, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- NaturalShrimp, Inc., an aquaculture Company which has developed and patented the first commercially operational RAS for shrimp, announced today that it has negotiated a new equity credit line of $11,000,000.
