Beverage Companies In The News: GEGR, PBIO, CEOS, OTLY

When the markets are volatile and there are inflationary pressures, then it often becomes difficult for investors to navigate the stock markets easily. Most stocks remain volatile and the pressure created by inflation makes many sectors weak.

However, in such a scenario, it may be a good idea for investors to look into sectors that may be largely immune from inflationary pressures. One such sector is the beverage sector which has displayed a level of immunity from inflation and also economic cycles. This article gives you a look into some of the beverage companies which are currently in the news.

Gaensel Energy Group (OTCMKTS:GEGR) – It may be called the Gaensel Energy Group but the company has diversified interests and is also involved in the beverage sector. Over the course of the past week, the Gaensel stock has been in the middle of a strong rally and this morning it has managed to clock gains of 21% at the time of writing. That takes the gains made by the stock in the past week to as much as 93%.

This morning the company announced that it had managed to complete the first of several renewable energy projects. This came about after Gaensel Energy Group managed to tie up an agreement for the acquisition of a 30% stake in the company LB Energia SRL, based out of Milan in Italy. The acquisition of the stake seems to have come as a source of considerable excitement for investors and it remains to be seen if the stock can continue to add to its gains over the course of the day.

Pressure Biosciences (OTCMKTS:PBIO) – Now Pressure Biosciences is not a beverage company but the pressure-based instruments that it makes can be deployed across a range of industries including the beverage industry. Hence, it may be worth looking into. Earlier on in the week of June 14 it emerged that a paper from the Ohio State University acknowledges the fact that the company’s much anticipated Ultra Shear Technology platform could well have significant capabilities with regards to the formulation as well as the processing of plant protein based beverages.

Considering the fact that the plant protein-based beverage market could be worth as much as $41 billion in 2027 and hence, the development may prove to be a significant one from the point of view of investors.

CECORS Inc (OTCMKTS:CEOS) The company announced that it had been successful in finally completing the final stage of production of the premium functional mushroom line of coffee. In addition to that, the company went on to add that the product, which had been a highly anticipated one, was going to be launched along with the launch of its website and its e-commerce platform.

The website is going to be launched on June 20, 2022. It is easy to see why investors may have been excited at the news. The worldwide functional mushroom market has grown at a steady pace and as per research conducted by Allied Market Research, the market generated as much as $7.98 billion back in 2020.

However, by the time 2030 comes along, that figure is projected to touch $19.33 billion and that would reflect a healthy CAGR of as much as 9.3% over the course of the decade from 2021 to 2030.

Oatly (NASDAQ:OTLY) – Last but not least it is the company Oatly that may be a part of your beverage stock watchlists at this point. Oatly Group AB is the world’s biggest producer of oat-based drinks and recently it was in the news after it made an announcement with regards to its ground transportation fleet. The company announced that it was going to use heavy duty but electric power trucks for its ground transportation needs in North America. In 2020, the company had tried the same in its operations in Europe and it had actually proven to be a success.