Home Bistro Inc. (OTCMKTS: HBIS) is down 30% in a month. The online meal delivery system offering celebrity chef-inspired, lifestyle, and gourmet ready-to-eat meals has announced the expansion of its dessert menu to six different desserts created by Chef Melanie Moss.
Trading Data
On Tuesday, HBIS stock fell 1.89% to $0.52 with more than 3.6K shares traded, compared to volume of 7.2K shares. The stock moved within a range of $0.5200 – 0.5250 after opening trading at $0.5250.
Home Bistro Expands to Full Gourmet Dessert Menu by Celebrity Pastry Chef Melanie Moss
CEO Zalmi Duchman said they are thrilled to provide a comprehensive dessert list at Home Bistro, prepared by Chef Melanie, America’s finest pastry chef, after a great beta trial in August 2021 with just one exclusive and tasty salted brownie dessert.
Besides the salted brownie, the company provides popular desserts in cookie format, including Cheese Cakie, Apple Doodle Cakie, Lemon Poppy Cakie, Chocolate Chip Cookie Dough Cake Pop, and Chocolate Ganache Caki. Melanie’s desserts were acknowledged in the 2016 New York City Michelin Guide, and she became a champion in 2018 of Food Network’s CHOPPED chocolate competition. Melanie went up against Beat Bobby Flay in a chocolate competition on Food Network in September 2021, and her Chocolate eclair and chocolate truffles impressed Bobby. So HBIS is worth watching.
Key Quote
Zalmi Duchman, Home Bistro CEO stated, “After having launched a successful beta test with one unique and delicious salted brownie dessert in August 2021, we are excited to now offer a full dessert menu at Home Bistro, created Chef Melanie, one of America’s top pastry chefs.”
Technical Data
HBIS stock is trading below the 20–Day and 50-Day Moving averages of $0.60 and $0.74 respectively. Moreover, the stock is trading below the 200-Day moving average of $1.03.
