CFN Enterprises Inc. (OTCMKTS:CNFN – Get Free Report) shares shot up 493.3% during mid-day trading on Wednesday . The stock traded as high as $1.00 and last traded at $0.89. 512 shares traded hands during mid-day trading, an increase of 78% from the average daily volume of 287 shares. The stock had previously closed at $0.15.
CFN Enterprises Stock Up 493.3%
The stock’s 50-day simple moving average is $0.54 and its 200 day simple moving average is $0.73. The company has a market cap of $8.86 million, a price-to-earnings ratio of -2.41 and a beta of 1.04.
CFN Enterprises (OTCMKTS:CNFN – Get Free Report) last announced its earnings results on Wednesday, August 26th. The company reported ($0.16) earnings per share for the quarter. The business had revenue of $0.05 million for the quarter.
CFN Enterprises Company Profile
CFN Enterprises, Inc (OTC: CNFN) operates as a specialty packaging and supply chain solutions provider for consumer products companies. The company designs, manufactures and supplies a wide selection of rigid packaging components—such as plastic bottles, jars, closures and droppers—catering to markets that include aromatherapy, personal care, over-the-counter pharmaceuticals and specialty food and beverage.
Through its combined manufacturing footprint in the United States and China, CFN Enterprises offers injection blow molding, extrusion blow molding and injection molding capabilities.
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