Save Foods, Inc. (NASDAQ:SVFD – Get Rating)'s share price fell 4.1% during trading on Thursday . The company traded as low as $1.11 and last traded at $1.18. 44,571 shares traded hands during mid-day trading, a decline of 79% from the average session volume of 214,487 shares. The stock had previously closed at $1.23.

Save Foods Price Performance

The business has a 50 day moving average price of $1.65 and a 200 day moving average price of $2.88. The firm has a market capitalization of $3.39 million, a P/E ratio of -0.60 and a beta of 1.20.

Institutional Investors Weigh In On Save Foods

A number of institutional investors have recently added to or reduced their stakes in SVFD. Jane Street Group LLC acquired a new stake in Save Foods during the first quarter worth about $65,000. Virtu Financial LLC acquired a new stake in Save Foods during the first quarter worth about $174,000. Finally, Psagot Value Holdings Ltd. Israel acquired a new stake in Save Foods during the third quarter worth about $57,000. 6.41% of the stock is owned by institutional investors and hedge funds.

About Save Foods

Save Foods, Inc, an agri-food tech company, develops and sells eco-friendly green treatments for the food industry to enhance food safety and shelf life of fresh produce. Its products are based on proprietary blend of food acids combined with oxidizing agent-based sanitizers for cleaning, sanitizing, and controlling pathogens on fresh produce that are safer for human consumption and extend their shelf life by reducing their decay.

Further Reading

• Get a free copy of the StockNews.com research report on Save Foods (SVFD)
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