News

Fresh Healthy Vending stock on the rise

July 30, 2014

After a steady drop in 2014, Fresh Healthy Vending International stock is on the upswing. 

February saw the end of its $7 per share mark and prices began to tumble, according to Hotstocked.com. The company's stock held ground briefly after their July announcement that it would be opening another 100 franchises. But on July 23, it descended another 10 percent, the article said. The stock bounced back the next day with a 10-percent gain to close at $1.54. The 463,000 shares that changed hands produced a $640,000 trade value.

The company's first quarter financials are faring better overall than last year's. Net loss has decreased while revenue has doubled. But a nine-month comparison of trends for the period ending March 31, 2014, with that of the previous year reveals an uncertain future for the stock, the article said.