The biotechnology agricultural company NaturalShrimp Inc (OTCMKTS:SHMP) has seen its stock come into considerable focus among investors in recent days and the trend remained the same yesterday as the stock ended up with gains of 16%.
Trading Data
On Wednesday, SHMP stock moved up 15.57% to $0.2839 with 1.53 million shares, compared to its average volume of 1.44 million shares. The stock moved within a range of $0.2401 – 0.2900 after opening trade at $0.2572.
NaturalShrimp to Attend the 34th Annual ROTH Conference March 13-15, 2022
However, it should also be noted that the gains made by the stock on Wednesday actually took the gains over the course of the past week to as much as 28%. In this situation, it ought to be noted that yesterday the company was actually in the news after it announced that it had got an invitation to participate in the 34th Annual ROTH Conference.
The conference in question is going to be held from March 13 through to March 15 at the Ritz Carlton that is situated in Dana Point in the state of California. The attendance at such an important industry event is almost always a significant development for any company and it is no different for NaturalShrimp.
The announcement from the company was welcomed by investors as well and that was clearly reflected in the price action in the NaturalShrimp stock on Wednesday. It remains to be seen if the stock can actually add to its gains today.
Traders Corner
SHMP stock is trading below the 20-Day and 50-Day Moving averages of $0.30 and $0.34 respectively. Moreover, the stock is trading below the 200-Day moving average of $0.38.
