The cold weather might be fast approaching, but the penny stock of U-Swirl, Inc. (SWRL) is still being affected by a sudden heat wave. Doubling for slightly more than 100% since we unraveled the reasons why the national chain of self-serve frozen yogurt cafés should be picked up by traders in mid-summer, SWRL stock had one of its best mornings of the year today setting a new 52 week high at 1.38. With double the sales and net income reported for the 3 months ended August 31, 2013, those intimidated by the upward trend are soon to get a spoonful of “ITYS.”
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SWRL Stock Quote
Market Cap: 18.95M
Last: 1.25 ▲ +0.22 (+21.36%)
Volume: 264,580
Dollar Volume: $325,432
Open: 1.05
High: 1.38
Low: 1.05
Trades: 132
Authorized: 100,000,000
Issued and Outstanding: 15,164,588
14-Day Rel Strength: 76.77%
1st Resistance Point: $ 1.4033
1st Support Level: $ 1.0733
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Providing up to 20 non-fat and low-fat flavors, including tart, traditional and no sugar-added options and up to 70 toppings, including seasonal fresh fruit, sauces, candy and granola, even a tubalard can see how irresistible U-Swirl’s business model is. The numbers reported for their fiscal Q2 proved such with improvements to every significant category on their balance sheet and income statement.
Total revenues for the 3 and 6 months ended August 31, 2013 came in at $1,692,460 and $3,409,866, respectively compared to $888,991 and $1,691,396 for the same respective periods in 2012. At the same time, U-Swirl increased their total assets by just over $300,000 to $4,043,256 between February 28, 2013 and August 31, 2013 while at the same time decreasing their total liabilities by about -$50,000 to $1,977,321.
In kind, SWRL stock has responded well to the fiscal Q2 filing, gaining better than 80% since the start of the month. With a float as small as it is and sme support coming from SeekingAlpha, SWRL stock doubling from hee might seem a bit far fetched, but a test of $2 in the next 3 to 6 months doesn’t appear to be out of the question.
About SWRL Stock
U-Swirl, Inc. is an operator and franchisor of self-serve frozen yogurt cafés that operate under the following names: U-SWIRL Frozen Yogurt, Aspen Leaf Yogurt, and Yogurtini.
Click here to view the SEC filings for SWRL.
Click here to view the website for U-Swirl.
Last 5 Trading Sessions:
Date | Open | High | Low | Last | Change | % Change | Volume |
10/31/13 | 1.0500 | 1.3800 | 1.0500 | 1.3000 | +0.2700 | +26.21% | 264,455 |
10/30/13 | 0.9250 | 1.0600 | 0.9250 | 1.0300 | +0.1000 | +10.75% | 123,800 |
10/29/13 | 0.9600 | 0.9600 | 0.8900 | 0.9300 | +0.0400 | +4.49% | 78,400 |
10/28/13 | 0.9300 | 0.9300 | 0.8500 | 0.8900 | -0.0100 | -1.11% | 20,400 |
10/25/13 | 0.9000 | 0.9100 | 0.8500 | 0.9000 | unch | unch | 42,500 |
Bottom Line:
SWRL crept up on traders this summer when it began to see some regular activity and those who took a scoop of the penny stock under 0.65 are still laughing. When you think of how the consumer market has changed over the past 5 years to becoming more attentive to the products they eat, the opportunity couldn’t have been better timed and SWRL stock couldn’t have been better structured for it.
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