EduFocal jumps, JFP drops 32% from peak

EduFocal rallied 75 cents to end at $3.07, with a gain of 207 percent over the IPO price and since listing on the Junior Market on Tuesday. Trading closed with strong demand for above $3 per share. The price movement on Friday helped to push the Market Index up a strong 76.48 points to close at 4,052.19, as the same time, JFP that listed on Monday fell 32 percent from its peak of $2. 
A total of 42 securities were traded on Friday, similar to Thursday. At the close, 18 gained, 17 declined and seven ended unchanged.
The PE Ratio, a measure used to compute appropriate stock values, averages 21.8. The PE ratio of each stock in the chart below is based on ICInsider.com earnings forecast for companies with financial years up to August 2022.
The overall volume of stocks traded slipped 22 percent with the value down moderately from Thursday. Overall, 29,255,984 shares traded for $82,401,537 compared to 37,553,313 units at $87,439,082 on the Thursday. EduFocal led trading with 11.18 million shares for 38.2 percent of total volume, followed by JFP Limited with 9.68 million units taking 33.1 percent of the day’s trade, Tropical Battery cornered 2.07 million units, with 7.1 percent market share and Future Energy Source ended with 1.97 million units for 6.7 percent market share.
Trading averaged 696,571 shares at $1,961,941 down from 894,127 shares at $2,081,883 on Thursday and month to date an average of 572,569 units at $2,182,126 compared to 562,132 units at $2,200,659 on the previous day. February closed with an average of 370,064 units at $1,402,517.
Investor’s Choice bid-offer indicator shows three stocks ended with bids higher than their last selling prices and three with lower offers.
At the close, Access Financial fell 20 cents in closing at $20.80 while exchanging 7,532 shares, Cargo Handlers gained 49 cents to close at $11.50, 62 with stocks units changing hands, Dolphin Cove shed 15 cents to end at $24 in an exchange of 52,902 stock units. EduFocal rallied 75 cents to end at a record $3.07, with 11,180,753 units crossing the exchange, Express Catering advanced 25 cents ending at $5.25 in switching ownership of 49,975 with 35,634 units changing hands, Iron Rock Insurance rose 8 cents to end at $3.20 in exchanging 3,500 stocks. Jamaican Teas declined 23 cents to $3.37 after an exchange of 296,928 shares, Jetcon Corporation dropped 8 cents to end at 81 cents trading 94,486 units, JFP Limited fell 34 cents to $1.36 after exchanging 9,679,780 stock units. Knutsford Express climbed 10 cents to close at $8 in trading 100 shares, Lasco Distributors popped 10 cents to $3.70 with the swapping of 26,490 units, Lasco Manufacturing climbed 15 cents in closing at $4.50 with 344,003 stocks passing through the exchange. Lumber Depot popped 18 cents after ending at $3.63, with 388,982 stock units crossing the market, Mailpac Group rallied 8 cents in closing at $3.08 with an exchange of 205,414 shares, Main Event jumped $2.33 to end at 52 weeks’ high of $8.33 after finishing trading 358,718 stocks. Spur Tree Spices shed 8 cents to $3.60 after 927,861 units crossed the market, Tropical Battery lost 10 cents to close at $2.01 after exchanging 2,066,964 stock units and tTech advanced 34 cents to end at $4.25 and closed with 82,028 stock units changing hands.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.