Save Foods Stock Gains 27%

Shares of Save Foods, Inc. (SVFD) are currently gaining over 27% on Friday morning despite no stock related news to drive the shares.

SVFD is currently trading at $5.29, up $1.15 or 27.72%, on the Nasdaq.

Save Foods develops and sells eco-friendly green solutions to enhance food safety and shelf life of fresh fruits and vegetables. Its products include SavePROTECT or PeroStar, a processing aids used in post-harvest treatment added to fruit and vegetable wash water; and SF3HS and SF3H, a post-harvest cleaning and sanitizing solution to control both plant and foodborne pathogens.

On Wednesday, the company announced that Chief Financial Officer Vered Raz-Avayo has resigned, citing personal reasons. The company announced the appointment of Omri Kanterovich as its interim CFO.

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