Increased trade in HZPC certificates during stock trading day

Image result for hzpc logoThe value of the share certificate of Dutch based potato breeding and seed company HZPC was pegged at €182.20 after the bi-annual stock trading day in November 2017. Once more, this means a 10% increase in the value (the maximum allowable increase) and brings the market value to €142.8 million, according to a press released issued by the company. On this last stock trading day, 11,000 certificates were traded – more than twice as many as in previous years. With a certificate value of €182.20, the value of the HZPC certificate has risen fifteen times by the maximum of 10% since May 2010. According to CEO Gerard Backx, “The new price with the maximum increase again shows that our investors believe in HZPC and our business strategy. Notably, the trade in certificates has doubled in comparison with previous years. Consequently, there is more movement on the market and the gap between supply and demand seems to be narrowing.” More