Honestly market cap is getting a bit high but explainable in these conditions.
I feel the consumer potentially has more disposable income (arguably less motivation to spend) due to the lock downs. People are not spending money at bars or restaurants anymore so maybe they might splurge an extra 2 bucks on this premium milk.
Baby formula is back to flying off the shelf due to hoarding in pandemics. China seems to be back in business so expect the shelves to be stripped.
Only real problem I see is that the US markets might be taking a real hit with this pandemic, might be a lot longer until we see profits from that market.
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Last
$6.23 |
Change
-0.090(1.42%) |
Mkt cap ! $4.510B |
Open | High | Low | Value | Volume |
$6.30 | $6.31 | $6.17 | $6.785M | 1.089M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 5458 | $6.23 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$6.24 | 13490 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 5458 | 6.230 |
1 | 2644 | 6.220 |
2 | 5025 | 6.210 |
17 | 62374 | 6.200 |
6 | 51628 | 6.190 |
Price($) | Vol. | No. |
---|---|---|
6.240 | 13490 | 1 |
6.260 | 5131 | 3 |
6.270 | 9678 | 1 |
6.280 | 19678 | 2 |
6.290 | 9678 | 1 |
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