JP 3E Holdings Inc (OTC: SPZI) Stock Trends Higher: What’s The Buzz?
JP 3E Holdings Inc (OTC: SPZI) could be the one to watch this morning after the stock came into sharp focus among investors on Thursday and ended up with gains of as much as 8%. The rally in the stock came about following a major new update.
Shipment Update
The company announced that it had been successful in shipping 300 metric tons of ICUMSA 45 Sugar through its fully owned subsidiary unit JP Energy Global PTE LTD to the client. Additionally, the company also noted that the delivery in question also completed the allocation for sugar deliveries for the full year.
JP 3E Holdings further noted in its news release that the shipment had originally originated in Brazil and was destined for delivery in Turkey. The initial transaction had been financed and negotiated through the Trade Finance platform, which had been launched recently by JP 3E Holdings through collaboration with Bloxcross.
Key Details
JP 3E Holdings further noted that the fact that the transaction was facilitated through its Trade Finance platform was a demonstration of the company’s innovative and dynamic approach to global trade. In light of the gains made by the JP 3E Holdings stock yesterday, it could be a good time to add the stock to your watch lists.
Management Comment
“The Bloxcross Trade Finance platform is the glue, locking in these very profitable transactions, particularly while spanning several months and multiple shipments,” said John K. Park, Chairman and President of JP3E.
Traders Notes
| +/- EMA(20) | 0.0052 (+1.92%) |
| +/- SMA(50) | 0.0049 (+8.16%) |
| +/- SMA(200) | 0.0064 (-17.19%) |
| 5-Day Perf. | -11.67% |
| 1-Month Perf. | +20.45% |
| 3-Month Perf. | +3.92% |
| 6-Month Perf. | -33.75% |
| YTD Perf. | +39.47% |
| 1-Year Perf. | +2550% |
| RSI(14) | 51.21 |
| ATR(14) | – |
| ADX(14) | 17.04 |
