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3 Stocks Moving After News: Navidea Biopharmaceuticals Inc. (NAVB), BlueFire Equipment Corporation (BLFR), Yield10 Bioscience Inc. (YTEN)

Navidea Biopharmaceuticals Inc. (NAVB) saw an uptrend of 11.96% in recent trading with $0.28 being its most recent. The current price level is -84.70% lower than the highest price of $1.83 marked by the stock while trading over the past 52 weeks, whereas it is 16.62% higher than the lowest price of $0.24 the company dropped to over the past 52 weeks.

The company recently reported that the results from the Company’s completed NAV3-31 Phase 2B clinical study as well as the preliminary results of its ongoing NAV3-32 Phase 2B study have been accepted for presentation as posters at the Annual Meeting of the American College of Rheumatology, to be held November 10-14, 2022 in Philadelphia, PA.

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BlueFire Equipment Corporation (BLFR)

BlueFire Equipment Corporation (BLFR) saw an uptrend of 11.54% in recent trading with $0.0725 being its most recent. The current price level is -39.58% lower than the highest price of $0.1200 marked by the stock while trading over the past 52 weeks, whereas it is 1,410.42% higher than the lowest price of $0.0048 the company dropped to over the past 52 weeks.

Squeezing the time span to a 30-day period shows us the stock is currently trading -26.77% below one month’s high and +131.63% above the lowest during that time. Looking into the simple moving average, BLFR’s stock stands at an SMA-50 of $0.0285 while that of 5-day is reading $0.0595.

BlueFire Equipment, Corp., an acquisition-oriented company with a focus on growing industries relating to agriculture, has closed an acquisition deal with Miracel Life Farn, the family-owned Floridian farm.

At present, Miracle Life Farm LLC grows exotic fruits like Sugar Apple, Thai Guava, and Mamay on 13 acres of agricultural area. Under the USDA jurisdiction, these high-demand premium fruits have been distributed wholesale across the country, including to major stores like Windixie and Presidente. The owners of Miracle Life are prepared to use their skills and network to grow to larger lots and distribution channels after more than 6 years of successful presence in the market. Through an amicable merger, the ownership structure of the two companies has seen a shift, with BLFR acquiring 81% Preferred Class B control shares of Miracle Life, whereas 19% is being retained by the founders of the business.

Now operating as a public company, Miracle Life can now take advantage of the capital markets and all the USDA perks to significantly expand its business and market scope. It will also be in a position to acquire similar businesses which would lead to the creation of synergistic benefits and ultimately maximize total shareholder value.

The assets of Miracle Life, at the end of June 2022, were $3,133,827.95, while revenues were $307,423.21. The company is focused on forward-looking expansion and a restructuring of its business. BLFR focuses primarily on the acquisition, with special emphasis on high-growth industries, such as those relating to agriculture. The Miracle Life Farm LLC deal is its first acquisition, giving the Company exposure to the exotic fruit market.

Yield10 Bioscience Inc. (YTEN)

Yield10 Bioscience Inc. (YTEN) saw an uptrend of 10.23% in recent trading with $3.34 being its most recent. The current price level is -61.87% lower than the highest price of $8.76 marked by the stock while trading over the past 52 weeks, whereas it is 74.87% higher than the lowest price of $1.91 the company dropped to over the past 52 weeks.

Squeezing the time span to a 30-day period shows us the stock is currently trading -6.96% below one month high and is +23.24% above the lowest during that time. Looking into the simple moving average, Yield10 Bioscience Inc. (YTEN)’s stock stands at an SMA-50 of $2.76 while that of 5-day is reading $3.09.

YTEN recently declared that its Chief Science Officer Dr. Kristi Snell will present during the International Symposium on Biopolymers 2022 Conference.

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