What's Going On With Save Foods Stock?

Save Foods, Inc. SVFDshares are rocketing higher on Monday despite a lack of company-specific news. Here's a look at what's going on.

The Details:

SVFD shares are ripping nearly 200% higher on very high trading volume. According to data from Benzinga Pro, more than 52.5 million shares have been traded, compared to the stock's 100-day average of only 560,884 shares. The stock has a float of 9.339 million shares, and trading has been halted for volatility multiple times during Monday's session.

Save Foods is an agri-food tech company specializing in eco-crop protection that reduces food waste and ensures food safety. The company develops, tests and markets solutions and products for extending the storability and shelf life of vegetables and fruits.

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SVFD Price Action: According to Benzinga Pro, Save Foods shares are trading 176% higher at $1.75 at the time of publication.

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