$NPRA's pro pasta product hitting the market soon! After breaking above an ascending wedge last week, shares of Nepra Foods are testing previous resistance of the trend as new support.
This price move is coming on the heels of news of $NPRA.CN unveiling their hemp-based PROPASTA ready-to-eat spaghetti and meatballs product. We can expect to see this first PROPASTA product hitting the market early in 2022.
Being one of the few plant-based frozen food options on the market, as well as being high protein, gluten, and allergen-free, $NPRA has found itself a good niche if it can prove some strong sales of this flagship product.
I’m pretty optimistic about the outlook of $NPRA’s products as they sit at the intersection of the frozen and health/wellness foods markets, which are expected to reach a combined total $1.4 trillion market value by 2027.
Shares of $NPRA are currently trading at $.85 and the company is valued at $30.4 million.
https://ceo.ca/@accesswire/nepra-foods-unveils-first-propasta-ready-to-eat-meal