Beyond Oil Ltd. is a food-tech innovation company, which engages in developing solutions that mitigate health risks, improve sustainability, and reduce costs for food service companies. The company is headquartered in North Vancouver, British Columbia. The company went IPO on 2022-05-25. The Company’s patented technology, that reduces harmful compounds in frying oil, addresses critical health concerns. Its solution tackles a global issue in the food industry, which is the widespread practice of reusing frying oil for hundreds of cycles across several days. The Company’s primary product is a multi-ingredient filter powder formulation that absorbs and prevents the formation of harmful components generated during the frying process (the Product). Its Product provides an effective means to mitigate these risks while offering additional benefits such as improved food quality, operational cost savings, and reduced environmental impact. The company is focused on commercializing its Product in the food service market and expects to follow the commercialization in the industrial frying market.
What is the price performance of BEYOND OIL LTD. stock?
The current price of BEYOND OIL LTD. is $2.02, it has decreased 6.48% in the last trading day.
What are the primary business themes or industries for Beyond Oil Ltd.?
Beyond Oil Ltd. belongs to Food Products industry and the sector is Consumer Staples
What is Beyond Oil Ltd. market cap?
Beyond Oil Ltd.'s current market cap is $153.5M
Is Beyond Oil Ltd. a buy, sell, or hold?
According to wall street analysts, 3 analysts have made analyst ratings for Beyond Oil Ltd., including 2 strong buy, 4 buy, 1 hold, 0 sell, and 2 strong sell