It was a tough time in the markets for Rogue Baron Plc (OTCMKTS:SHNJF) on Monday as the stock went through a rather significant selloff and went down by as much as 14% as a consequence.
Trading Data
On Monday, SHNJF stock ended flat at $0.0265 with more than 1K shares, compared to its average volume of 74 shares. The stock moved within a range of $0.0265 – 0.0265 after opening trade at $0.0265.
Key Details
Although there was no news about the company yesterday, it should be noted that back on September 30 the company had been in the news after it announced its half-yearly report for the period that had ended on June 30, 2022. The company noted that the first half of the year was challenging since it had been difficult to source stock from Japan due to the repeated COVID-19-related lockdowns in China.
That being said, when Rogue Baron was eventually able to source stock it managed to find success. During the course of the second fiscal quarter, it had managed to sell as many as 689 cases worldwide and that had brought in revenues of as much as $87,492.
The revenues during the second fiscal quarter proved to be 55% higher than the corresponding period in the prior year period. It now remains to be seen if the stock can make a recovery any time soon.
