SkyPeople Fruit Juice, Inc. (NASDAQ:SPU) Closed 42.9% Above Its 50 Day Moving Average

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The stock is trading at $2.60 which is well above $1.82, the 50 day moving average and which is just a bit higher than the 200 day moving average of $2.54. The 50 day moving average was up $0.78 and the 200 day average went up $0.06 or +2.29%. Trading was light with 0 shares changing hands by the end of trading on Wednesday. Shares saw a steep decrease in trading volume of nan% under the normal average daily volume.

Additionally, here are a few investment firms who have increased or decreased their stake in (SPU). Citadel Advisors LLC bolstered its stake by buying 4,218 shares an increase of 32.0% as of 09/30/2016. Citadel Advisors LLC owns 17,413 shares valued at $160,000. The value of the position overall is up by 451.7%. Kcg Holdings, Inc. divested its holdings by shedding 3,534 shares a decrease of 24.9% from 12/31/2016 to 03/31/2017. Kcg Holdings, Inc. now holds 10,637 shares with a value of $63,000. The total value of its holdings decreased 33.0%.

As of the end of the quarter Morgan Stanley had sold a total of 19,930 shares trimming its holdings by 98.3%. The value of the investment in SPU decreased from $134,000 to $2,000 a change of 98.5% quarter over quarter.

SkyPeople Fruit Juice, Inc., launched on June 29, 1998, is a holding company. The Company is involved in the production and sale of fruit juice concentrates, including fruit purees, concentrated fruit purees and concentrated fruit juices; fruit beverages, including fruit juice beverages and fruit cider beverages, and other fruit-related products, including primarily organic and non-organic fresh fruits, dried fruit, preserved fruit, fructose in and from the People’s Republic of China (PRC). The Company operates through six segments: concentrated apple juice and apple aroma, concentrated kiwifruit juice and kiwifruit puree, concentrated pear juice, fruit juice beverages, fresh fruits and vegetables, and others..

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