I’m not a holder of this stock but I believe that you should get a large uptick in Almond prices in the new year. California had a bumper crop earlier in the year causing almond prices to drop along with reduced demand because of COVID. Californian authorities are making it harder for farmers to access water and COVID and wildfires have caused significant interruptions to farming processes. Therefore the Californian crop may continue to deteriorate over the coming years and this should do well for Select combined with an uptick in Almond demand due to COVID recovery. Commentary based on 2020 news articles and my opinion only.
Ann: SHV Results Presentation 30 September 2020, page-6
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Last
$3.54 |
Change
0.040(1.14%) |
Mkt cap ! $486.0M | |||
| Open | High | Low | Value | Volume |
| $3.50 | $3.56 | $3.42 | $1.346M | 383.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 3849 | $3.51 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.54 | 2100 | 1 |
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