FESCO surges 205% since listing in April

For a third consecutive trading day, Future Energy Source (FESCO) ended Junior Market activities as the volume leader, accounting for 74 percent after trading 4.9 million shares, a fraction of Monday’s haul of 128 million units as the stock closed at a new high since list this year, with the price up 205 percent.

Fesco up 205% since its April listing on The Junior Market.

A total of 32 securities traded on Tuesday, down from 39 on Monday and ended with 15 rising, 11 declining and six endng unchanged. The Junior Market Index added 20.47 points to settle at 3,333.52.
The PE Ratio, a measure used to compute stock values, averages 11.8 based on ICInsider.com’s 2021-22 earnings forecast.
Trading ended with 95 percent fewer shares, having a value that fell 94 percent below that on Monday, with 6,533,374 shares changing hands for $18,444,949, down from 137,253,606 units at $312,263,298 on Monday. The volume leaders were rounded out by Lumber Depot with 7.4 percent of the day’s trade after an exchange of 484,355 units and Jamaican Teas 7.3 percent, with 477,698 units.
Trading averaged 204,168 units at $576,405 in contrast to 3,519,323 at $8,006,751 on Monday. Month to date trading averages 506,820 units at $1,310,198 compared to 526,789 units at $1,358,613 on Monday. July closed with an average of 163,918 units at $481,755.
Investor’s Choice bid-offer indicator shows three stocks ending with bids higher than their last selling prices and four with lower offers.
At the close, Cargo Handlers advanced 40 cents to $8.70 with 5,000 shares traded, Consolidated Bakeries climbed 22 cents to $1.92 with the transfer of 850 stock units, Derrimon Trading lost 8 cents to end at $2.31 with an exchange of 185,327 units. Dolphin Cove spiked $1 to $10 with 10,888 shares passing through the market, Everything Fresh rose 9 cents to 99 cents with 10,489 stocks changing hands, Fontana gained 5 cents to close at $6 with the trading of 18,650 stock units. Fosrich rallied 12 cents to $8.15 with a transfer of 19,507 units, Future Energy Source increased by 9 cents to a record close of  $2.44 with an exchange of 4,896,254 shares, General Accident dropped 20 cents to $5.30 with investors switching ownership of 5,000 stocks. Honey Bun jumped 84 cents to a 52 weeks’ high of $9 with 138,083 stock units changing hands, iCreate rose 7 cents to 85 cents with 117 stocks traded, Indies Pharma fell 21 cents to $3.67 with a transfer of 52,683 units. Lasco Financial slipped 5 cents to $3.10 with an exchange of 2,100 shares, Mailpac Group declined by 9 cents to end at $3.55 with 34,312 stocks passing through the market, Medical Disposables dropped 39 cents to $4.70 with 23,111 units changing hands. SSL Venture gained 16 cents to settle at 80 cents to 20,000 stock units traded, Stationery and Office Supplies climbed 28 cents to $6.78 with the transfer of 993 units and tTech advanced 20 cents to $4.40 with 21,000 shares crossing the exchange.

Prices of securities trading are those for the last transaction of each stock unless otherwise stated.

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