Rapid Nutrition Share Price

[Suyay Escarsega]

Basedon an overall assessment of its quality, value and momentum Rapid Nutrition is currently classified as a Momentum Trap. The classification is based on a composite score that examines a wide range of fundamental and technical measures. Stock are classified on the the following spectrum: Super Stocks, High Flyers, Contrarians, Turnarounds, Neutral, Value Traps, Momentum Traps, Falling Stars, and Sucker Stocks. For more information, learn about our StockRank Styles.

An important predictor of whether a stock price will go up is its track record of momentum. Price trends tend to persist, so it's worth looking at them when it comes to a share like Rapid Nutrition. Over the past six months, its share price has outperformed the FTSE Global All Cap Index by +21131.95%.

The PE ratio (or price-to-earnings ratio) is the one of the most popular valuation measures used by stock market investors. It is calculated by dividing a company's price per share by its earnings per share.

The PE ratio can be seen as being expressed in years, in the sense that it shows the number of years of earnings which would be required to pay back the purchase price, ignoring inflation. So in general terms, the higher the PE, the more expensive the stock is.

*Past performance is no indicator of future performance, and testimonials are provided by third parties for informational purposes only and are not intended and should not be taken to be financial product advice. Performance returns are based on hypothetical scenarios and do not represent an actual investment.

In March 2014, Somalia National Army supported by AMISOM troops recovered Bulo Burte town of Hiran Region from insurgents. The town was subsequently subjected to a siege by the insurgents who prevented trade and population movement to and from Bulu Burte town. This siege has cut all means of transport and population movement in the area and worsened the already precarious food insecurity in the area. As a result, staple food prices increased sharply by the June 2014, which severely compromised the food security of most residents of Bulo Burte town1. Consequently, FSNAU and partners projected that 8 950 people will be in an acute food security Emergency (IPC 4) in Bulo Burte for the period August to December 2014. There has been a decline in staple cereal prices between July and December 2014. However, cereal prices remained significantly higher compared to prices at the beginning of 2014. In the absence of significant expected improvements, FSNAU and partners classified 8 950 people in Bulo Burte to remain in acute food security Emergency (IPC Phase 4) through June 2015.

This Special Update is intended to provide an update on the food security and nutrition situation in Bulo Burte based on cereal prices, labor-wage to cereals terms of trade and results of a rapid nutrition assessment conducted in Bulo Burte town in April 2015.

Between the 1970s and early 2000s, food-at-home prices and food-away-from-home prices increased at similar rates. However, between 2009 and 2019, their growth rates diverged: while food-at-home prices deflated in 2016 and 2017, monthly food-away-from-home prices rose consistently. Differences between the costs of serving prepared food at restaurants and retailing food in supermarkets and grocery stores partly explain this difference.

In 2020, food-at-home prices increased 3.5 percent and food-away-from-home prices increased 3.4 percent. This convergence was largely driven by a rapid increase in food-at-home prices following the onset of the Coronavirus (COVID-19) pandemic, particularly for meats and poultry, while food-away-from-home price inflation remained similar to its 2019 rate. In 2021, all food prices increased 3.9 percent as prices began accelerating in the second-half of the year. No food categories tracked by the U.S. Department of Agriculture (USDA), Economic Research Service (ERS) decreased in price in 2021 compared with their prices in 2020.

In 2022, food prices increased by 9.9 percent, faster than in any year since 1979. Food-at-home prices increased by 11.4 percent, while food-away-from-home prices increased by 7.7 percent. Food prices rose partly due to a Highly Pathogenic Avian Influenza (HPAI) outbreak that affected egg and poultry prices, along with the conflict in Ukraine, which compounded other economy-wide inflationary pressures such as high energy costs. All food price categories increased by more than 5 percent, and all food categories grew faster than their historical average rate.

In 2023, food prices increased by 5.8 percent. Food price growth slowed in 2023 as economy-wide inflationary pressures, supply chain issues, and wholesale food prices eased from 2022. Food-at-home prices increased by 5.0 percent, and food-away-from-home prices increased by 7.1 percent. While prices increased for all food categories except for pork, prices grew more slowly in 2023 than in 2022 for all categories.

From May to June 2024, prices increased for seven food-at-home categories, declined for six categories, and remained stable for two categories. Prices were lower in June 2024 than June 2023 for four food-at-home categories: fish and seafood, dairy products, fresh fruits, and fresh vegetables. Prices are predicted to increase in 2024 for 11 food-at-home categories and decrease for 4 categories, though the measures of uncertainty do not rule out either an increase or decrease in prices during the year for many categories. In 2024, prices for most food categories are predicted to change at a rate below their 20-year historical average.

Beef and veal prices increased by 0.5 percent in June 2024 and have increased for four straight months. Prices for beef and veal were 5.1 percent higher than in June 2023 due to tight supplies and continued demand. Beef and veal prices are predicted to increase 4.4 percent in 2024, with a prediction interval of 1.1 to 8.0 percent.

Retail egg prices fell for the third month in a row, decreasing by 0.8 percent in June 2024. An outbreak of HPAI that began in 2022 contributed to elevated egg prices by reducing the U.S. egg-layer flock. New confirmations of HPAI in egg layers beginning in November 2023 drove price increases in late 2023 and early 2024. Although prices have dropped in recent months, egg prices in June 2024 were 10.2 percent higher than those in June 2023. Price impacts of the HPAI outbreak will be monitored closely. Egg prices are predicted to decrease 0.3 percent in 2024, with a prediction interval of -6.5 to 7.0 percent. This wide prediction interval reflects the volatility in retail egg prices.

Dairy product prices rose by 0.5 percent in June 2024 but were 0.1 percent lower than June 2023 and have largely leveled off since the end of 2022 due to higher production and reduced demand. Prices for dairy products are predicted to decrease 0.4 percent in 2024, with a prediction interval of -1.8 to 1.1 percent.

Prices decreased by 2.6 percent for fresh fruits in June 2024, partially due to seasonal factors. Fresh fruit prices were 1.7 percent lower than June 2023 due in part to improved growing conditions and higher production. Apple prices, in particular, were 12.0 percent lower than June 2023 due to higher supplies. Prices for fresh fruits are predicted to decrease 0.8 percent in 2024, with a prediction interval of -2.8 to 1.2 percent.

A Producer Price Index (PPI) resembles a CPI in that it reflects price changes over time. However, instead of retail prices, a PPI provides a measure of the average prices paid to domestic producers for their output. PPIs are reported for nearly every industry in the goods-producing sector of the economy. Three major PPI commodity groups are of interest to food markets: unprocessed foodstuffs and feedstuffs, processed foods and feeds, and finished consumer foods. The farm- and wholesale-level prices of commodities in these groups give a general sense of price movements across various stages of production in the U.S. food supply chain.

The PPIs are typically far more volatile than the downstream CPIs. Price volatility decreases as products move from the farm to the wholesale sector to the retail sector. Because of multiple processing stages in the U.S. food system, the CPI typically lags movements in the PPI. The PPI is thus a useful tool for understanding what may soon happen to the CPI.

USDA, ERS does not forecast industry-level PPIs for unprocessed, processed, and finished foods and feeds. However, these prices have historically shown a strong correlation with the all-food and food-at-home CPIs.

In 2024, prices are predicted to increase for six PPI categories and decrease for seven categories, though the measures of uncertainty for many PPI categories do not rule out either an increase or decrease in prices in 2024. Greater volatility in farm- and wholesale-level prices lead to wider prediction intervals for these products compared to retail-level products.

Wholesale beef prices rose by 5.8 percent in June 2024, partially driven by seasonal factors and strong demand, and were 1.4 percent higher than in June 2023. Prices for wholesale beef are predicted to increase 5.9 percent in 2024, with a prediction interval of -2.5 to 16.0 percent. Prices for wholesale poultry fell by 6.4 percent in June 2024 following 4 months of increases, and prices were 1.4 percent lower than in June 2023 on higher production. Wholesale poultry prices are predicted to decrease 1.9 percent in 2024, with a prediction interval of -6.5 to 3.2 percent.

Prices for farm-level eggs rose by 55.4 percent in June 2024 after falling by 33.6 percent in May. The ongoing HPAI outbreak continues to affect egg-layer flocks, with volatile effects on prices. In June 2024, prices for farm-level eggs were 107.5 percent higher than June 2023, when prices had fallen following the initial onset of HPAI in 2022. The effects of recent HPAI cases on farm-level egg prices will be closely monitored. Farm-level egg prices are predicted to increase 17.7 percent in 2024, with a prediction interval of -8.9 to 68.5 percent. Egg prices are the most volatile category tracked by USDA, ERS, leading to a wide prediction interval.

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