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.

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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