Surprise Upward Path: SkyPeople Fruit Juice (SPU), China Ceramics Co. (CCCL)
Shares of SkyPeople Fruit Juice, Inc. (Nasdaq:SPU) soared more than 47% to reach a new 52-week high in early trade Monday even though the holding company has not released any news recently that may explain the unusual market activity in its stock
SkyPeople Fruit Juice expects to file both its 2015 annual report – Form 10-K – and its first quarter 2016 report – Form 10-Q – on or before October 11 this year.
SPU stock is trading at $19.37, up $5.12 (or +35.93%) and 2.55M of its shares changed hands so far, representing a large increase in activity compared with its average volume (3m) of 498,644
SkyPeople Fruit Juice, which produces and sells fruit juice concentrates, fruit beverages, and other fruit-related products, has 4.06M Shares Outstanding and SPU stock one-year range is now from $16.15 to $20.95 per share
China Ceramics Co. Ltd. (Nasdaq:CCCL) shares skyrocketed – also on no news – to touch the $6.07 mark during Monday’s trading session, currently changing hands at $5.65, up $2.63 (or +87.09%) with 13.50M shares traded so far.
The company recently delivered a substantial decrease of 36.0% year-over-year in its first quarter 2016 revenue due to the effects of a slowdown in China’s real estate market conditions.
China Ceramics, a manufacturer of ceramic tiles used for exterior siding and for interior flooring, and design in residential and commercial buildings, has 2.73M Shares Outstanding and CCCL stock 52-week range is between $2.01 and $10.08 per share
Disclaimer: The disclaimer is to be read and fully understood before using our site, or joining our email list. GalaxyStocks is not a registered investment adviser. This material is for informational purposes only and should not be construed as an offer or solicitation of an offer to buy or sell securities. Investors should always conduct their own due diligence with any potential investment, with independent research and other professional advice. Read full disclaimer at http://galaxystocks.com/disclaimer/