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NaturalShrimp IncOOTC SHMP Stock Report

Last reporting period 30 Jun, 2024

Updated 19 Nov, 2024

Last price

Market cap $B

0.004

Micro

Exchange

OOTC - OTC

SHMP Stock Analysis

SH

Uncovered

NaturalShrimp Inc is uncovered by Eyestock quantitative analysis.

Rating

To assess the quality of a company's business, we have collected all financial data from the statements and presented them in the form of a single number - the company's rating. Rating value of 100 is the threshold for determining a viable investment.

-57/100

Low score

Market cap $B

0.004

Dividend yield

Shares outstanding

783.16 B

NaturalShrimp, Inc. is a biotechnology company, which engages in the development and production of gourmet-grade shrimp without the use of antibiotics, probiotics, or toxic chemicals. The company is headquartered in Dallas, Texas and currently employs 25 full-time employees. The company went IPO on 2010-08-03. The firm has developed proprietary platform technologies that enable it to grow Pacific White shrimp (Litopenaeus vannamei) in an ecologically controlled, high-density, low-cost environment, and in fully contained and independent production facilities. Its system uses technology that produces a naturally grown shrimp crop weekly and accomplishes this without the use of antibiotics or toxic chemicals. The company has developed several proprietary technology assets, including a knowledge base that allows producing commercial quantities of shrimp in a closed system with a computer monitoring system that automates, monitors, and maintains proper levels of oxygen, salinity and temperature for optimal shrimp production. Its production facilities are located in La Coste, Texas, and Webster City, Iowa. Its subsidiaries include NaturalShrimp USA Corporation (NSC) and NaturalShrimp Global, Inc. (NS Global) and Natural Aquatic Systems, Inc. (NAS).

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