SkyPeople Fruit Juice (SPU) has risen sharply, recording gains of 475.41% in the past 4 weeks. However, the stock has corrected -14.6% in the past 1 week, providing a good buying opportunity on dips. On a relative basis, the stock has outperformed the S&P 500 by 456.71% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week.
The stock has recorded a 20-day Moving Average of 84.37% and the 50-Day Moving Average is 219.89%. SkyPeople Fruit Juice, Inc. is up 453.18% in the last 3-month period. Year-to-Date the stock performance stands at 123.71%.
SkyPeople Fruit Juice (NASDAQ:SPU): stock turned positive on Friday. Though the stock opened at $12.82, the bulls momentum made the stock top out at $14.8 level for the day. The stock recorded a low of $11.95 and closed the trading day at $12.17, in the green by 1.16%. The total traded volume for the day was 2,363,150. The stock had closed at $12.03 in the previous days trading.
SkyPeople Fruit Juice Inc. is a holding company. The Company has two direct wholly owned subsidiaries: Pacific Industry Holding Group Co. Ltd. (Pacific) and Harmony MN Inc. (Harmony). Through its indirect subsidiaries in the Peoples Republic of China the Company 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 fruitrelated products ( including primarily organic and nonorganic fresh fruits dried fruit preserved fruit fructose) in and from the Peoples Republic of China. The Companys core products include fruit juice concentrates mainly including concentrated apple pear and kiwi juices; fruit beverages including pure fruit beverages and fruit cider beverages; and other fruitrelated products including fresh fruits and vegetables and fructose.