VPR Brands Sees Significant Short-Term Profit Growth
According to a report by news outlet The Cerbat Gem on January 27th, e-cigarette manufacturer VPR Brands, LP saw a significant increase in short-term profits in January of this year.
According to statistical data, as of January 15th, VPR's short-term profits reached a total of 13,100 shares, showing an astonishing growth of 627.8% compared to the 1,800 shares recorded on December 31st of the previous year. Taking into account the average daily trading volume of 28,100 shares, the current closing ratio stands at 0.5 days.
The stock of VPR Brand Corporation traded steadily during the midday session on Friday, January 26th, at a price of 15 cents per share with a volume of 109,850 shares, which is relatively stable compared to its average trading volume of 59,950 shares. The company's simple moving averages of 50 days and 200 days both stand at 16 cents. Over the past year, VPR Brand's stock price has ranged from a low of 6 cents to a high of 28 cents.
The company recently released its quarterly financial report on November 15, which revealed an earnings per share (EPS) of 3 cents and quarterly revenue reaching $3.54 million.
VPR is a company that primarily deals in e-cigarettes, electronic cigars, and pocket lighters. Their product line includes pocket lighters under the DISSIM brand, essential oils and concentrates under the HoneyStick brand, cannabis-derived THC products under the Goldline brand, and e-cigarettes under the KRAVE brand.
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