SHMP
Momentum & Growth

NaturalShrimp Inc (OTCMKTS:SHMP) Bulls Regain Control

NaturalShrimp Inc (OTCMKTS:SHMP) has emerged as a fundamentally attractive investment in the wake of the company achieving significant milestones on the development of its shrimp grow system. An 80% spike from all-time lows underlines renewed investor interest as the company moves to commercialize its patented technology.

NaturalShrimp Price Analysis

Investors’ confidence in the stock has inched higher in response to the company announcing it has entered the next phase on the development of the shrimp grow system. The announcement came just days after the company announced it had received yet another patent for a new system for growing Gourmet-Grade Shrimp in a saltwater system.

In recent months, the company’s balance sheet has also received a significant boost, ideal for expanding business operations. The stock has started inching higher after one of the worst routs in recent years.

NaturalShrimp is trying to make a comeback after shedding more than 90% in market value in 2018. The stock has since bottomed out from all-time lows, as the upward momentum continues to gather pace helped by an increase in trading volume in the market.

SHMP Daily Chart

An 80% plus spike from recent lows could as well underline a change in the direction of trade. The stock has started trading in an uptrend as bulls continue to take the fight to the bears. After the recent spike, the stock faces immediate resistance at the $0.04 level.

A rally followed by a close above the critical resistance level should affirm the emerging uptrend, setting the stage for the stock to continue climbing the ladder as a break out play. However, below the $0.03 level, NaturalShrimp remains susceptible to further drops given that short sellers remain in control in view of the long-term downtrend.

About NaturalShrimp

NaturalShrimp is an Aquatic company based in Dallas Texas. The company specializes in the development of commercialization of viable systems for growing shrimp in salt water systems. The company relies on patented technology to come up with fresh naturally grown shrimp without the use of antibiotics.

Why is NaturalShrimp Showing Signs of breaking out?

NaturalShrimp continues to show signs of breaking out after underperforming in 2018 on investors taking note of the company’s push to strengthen its growth prospects. The company in partnership with F&T Water Solutions LLC has already unveiled the Vibrio Suppression system. The system is capable of eliminating all waterborne bacteria thus allowing shrimp to grow and thrive in an all-natural environment.

The company is fresh from receiving a new patent for the commercially viable system for growing aquatic species indoors. The company now owns worldwide rights for growing shrimp species indoors leveraging its new-patented technology.

“Our initial focus is on bringing shrimp to market by replicating our indoor technology in regional production centers outside New York, City, Chicago, and Las Vegas. But it is very important for our investors to know the broad implications of the patent we received,” said Bill G. Williams, CEO.

With the new technology, consumers will now be able to leave a healthier lifestyle by eating fresh and chemically free products

NaturalShrimp has also moved to expand the capabilities of its new system as a way of expanding its application areas. Recent upgrades mean the system will not only be used for growing shrimp, but also for the propagation of all fish. The patent covers aquatic arthropods such s lobster and mollusks.

NaturalShrimp bid to strengthen its position as a premier developer of shrimp growing system has received a significant boost. GSH Investments has confirmed a $7 million equity agreement that provides the company the much-needed financial resource to enhance the development and commercialization of the shrimp growing system.

Bottom Line

NaturalShrimp has on its hands a technology that has the potential to change the future of the seafood business. The market for shrimp in the U.S currently stands at billions of dollar, affirming a huge opportunity at stake, the back of a proven technology.

The company has already patented the technology, which means it can license it, to be able to generate some revenue through licensing fees. That said 2019 could turn out to be an inflection year for the company after underperforming in 2018.

The stock looks set to continue bouncing as investors take note of the opportunity at stake with the new shrimp grow system.

We will be updating our subscribers as soon as we know more. For the latest updates on SHMP, sign up below!

Disclosure: We have no position in SHMP and have not been compensated for this article.

Image courtesy of Pexels

GET NOTIFIED
Sign up for our next MicroCap Runner ahead of the crowd!
We hate spam. No Hidden Fees. Unsubscribe Anytime.
NaturalShrimp Inc (OTCMKTS:SHMP) Bulls Regain Control
3 Comments

3 Comments

  1. Joe

    January 22, 2019 at 9:11 pm

    SHMP HAS HUGE THINGS COMING IMO!!!!! $$$

  2. Tom greene

    January 23, 2019 at 10:14 pm

    The shmp market to huge maybe 2 dollars soon.

    • Roy Cramer

      January 30, 2019 at 8:39 am

      Tom Greene, If this is really you! I like the way you think. What moves you to think $2.00????
      Have a great SHMP day,(again today).

Leave a Reply

Your email address will not be published. Required fields are marked *

To Top