Previous Close | 0.0275 |
Open | 0.0184 |
Bid | 0.0000 x N/A |
Ask | 0.0000 x N/A |
Day's Range | 0.0184 - 0.0275 |
52 Week Range | 0.0084 - 0.2556 |
Volume | 21,429 |
Avg. Volume | 10,777 |
Market Cap | 1.113M |
Beta (5Y Monthly) | 0.90 |
PE Ratio (TTM) | N/A |
EPS (TTM) | N/A |
Earnings Date | N/A |
Forward Dividend & Yield | N/A (N/A) |
Ex-Dividend Date | N/A |
1y Target Est | N/A |
The company achieved strong revenue growth during the year, only to have this positive momentum halted during the last several months by a few small, however significant impacts of supply and demand. Unfortunately, this increased competition had an adverse effect on the bulk ingredient pricing model, resulting in record low margins across the industry and ultimately forcing a pivot in our sales strategies and operations to focus on branded finished products.