PURE Bioscience (OTCMKTS:PURE) Jumps to Attentio
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PURE Bioscience (OTCMKTSURE) Jumps to Attention
By Jermaine Farmer -
September 28, 2016
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PURE Bioscience (OTCMKTSURE) is benefiting from a surge in interest on reports that Chipotle Mexican Grill, Inc. has adopted PURE’s Hard Surface disinfectant as a food safety solution to eliminate and prevent Norovirus and other viruses and bacteria in all +2,100 of its store locations nationwide.
The announcement powered the stock higher by an immediate 20% on a major jump in volume. Traders are taking notice of the attention and may dig a little deeper. If they do, they will likely also find an exciting story of strong revenue growth and a very well-tuned balance sheet.
PURE Bioscience (OTCMKTSURE) trumpets itself as a company that develops and commercializes antimicrobial products that provide solutions to the health and environmental challenges of pathogen and hygienic control in the United States and internationally.