According to there website, Stevia is an all-natural, zero calorie sweetener estimated to replace 20% of the currently over $50 billion yearly global sweetener market – An all-new multi-billion dollar annual industry sector. According to Digital Journal 9/27/2016 -- According to a new market report published by Persistence Market Research "Global Market Study on Stevia Market - Beverages will Remain the Dominant Application Segment through 2020", the global stevia market was valued at US$ 347 million in 2014 and it will expand at a CAGR of over 8% to reach a valuation of US$ 565 million by 2020. Read more: http://www.digitaljournal.com/pr/3086264#ixzz4MnGpDqTr Bloomberg news Starbucks Corp., the world’s largest coffee-shop chain, will start serving a calorie-free stevia sweetener in the U.S. and Canada, embracing a plant-based alternative to sugar that has befuddled beverage makers because of its aftertaste.
Are there any other sources that say the company will go up, because it looks like a bit unstable penny stock
PR newswire "The global stevia market is expected to reach USD 556.7 million by 2024, according to a new report by Grand View Research, Inc. Stevia is used in beverages, food, pharmaceuticals and tabletop sweeteners on account of its superior properties such as higher levels of sweetness without affecting blood pressure. This factor is projected to have a positive impact on the overall sugar sweetener market over the forecast period." Also Investing.com stated "For the nine months ended 31 December 2014, Stevia Corp revenues increased 58% to $3M. Net income totaled $373K vs. loss of $2M. Revenues reflect Revenue Sales of Goods & Services increase of 33% to $133K. Net Income reflects Debt Settlement Loss decrease from $561K (expense) to $0K" which is positive news
PR newswire "Stevia is increasingly being used in herbal medicines and tonics for patients suffering from diabetes. The antibacterial and anti-fungal properties of stevia leaves is yet to realize its full potential and will remain a major factor in influencing growth over the next eight years."
According to there website http://www.stevia.co Stevia is an all-natural, zero calorie sweetener estimated to replace 20% of the currently over $50 billion yearly global sweetener market – An all-new multi-billion dollar annual industry sector. PR newswire "The global stevia market is expected to reach USD 556.7 million by 2024, according to a new report by Grand View Research, Inc. Stevia is used in beverages, food, pharmaceuticals and tabletop sweeteners on account of its superior properties such as higher levels of sweetness without affecting blood pressure. This factor is projected to have a positive impact on the overall sugar sweetener market over the forecast period." Also Investing.com stated "For the nine months ended 31 December 2014, Stevia Corp revenues increased 58% to $3M. Net income totaled $373K vs. loss of $2M. Revenues reflect Revenue Sales of Goods & Services increase of 33% to $133K. Net Income reflects Debt Settlement Loss decrease from $561K (expense) to $0K" which is positive news Bloomberg news Starbucks Corp., the world’s largest coffee-shop chain, will start serving a calorie-free stevia sweetener in the U.S. and Canada, embracing a plant-based alternative to sugar that has befuddled beverage makers because of its aftertaste.
Stevia corp went up 30% and doubled in volume from the past few days,it broke threw the 4 months resistance level and completed the cup and handle pattern with volume to confirm the trend. Several Indicators are the Stochastic RSI, also the CCI indicator showed a strong upward trend.
MACD and Signal line is sustaining above the zero level line, bullish cross in Stochastic oscillator and RSI is increasing to 66.046 level with positive bias, an upward movement is expected. http://www.allotcbb.com/quote.php?symbol=stev
