By Steve Moore | Monday 11 January 2021
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Previously writing on UK developer of beauty, personal care and life sciences products InnovaDerma (IDP), I concluded whilst the shares are still materially lower than the around 60p of my previous update, currently remaining cautious on the financials here, I continue to avoid. The shares headed towards 85p in the summer and last closed at 65p, but are currently heading towards 50p on the back of a trading statement. So what’s happening now?…
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