The stocks of Fresh Healthy Vending International, Inc. (VEND) is evidently plunging down the marketplace since its February’s charts revealed that it stock prices had a downtrend ($2 from $7 per share).
Reversing the current stock market downfall of Fresh Healthy Vending International, Inc. is seemingly difficult to resolve as the percentile movements of the company’s stocks remain stagnant to slow in pace. Nonetheless, the company had a positive stock movement last Thursday, having a 10% gain (closing at $1.54) and volumes increase (resulting to $640 million trade value). The results wrapped up that the first quarter financials of Fresh Healthy Vending International, Inc. have still subdued other large worth companies in the OTC Markets.
As summarized, Fresh Healthy Vending International, Inc. has total assets worth of $3.5 million and quarter revenues of staggering $928 million. Its net loss, on the other hand, is $681 thousand. Present year’s financials are better than last year’s reports. The revenue almost doubled and net loss is reduced.
The spotlight might have been placed to VEND due to Sidney Rice’s investment from the company ($175 thousand in 17 vending machines). The retired Seattle Seahawk player’s venture was featured in an article on the Forbes website.