Original Juice (ASX:OJU) has experienced gains following the reported increase in its first quarter sales for the fiscal year 2024, wherein gross sales increased by 23%, amounting to AUD 13.4 million.
The company also forecast an increase in its FY24 sales to be within a range of 12% to 16%, corresponding to a valuation between AUD 59 million and AUD 61 million.
The firm observed significant stock activity with over 139,000 shares exchanged, compared to the 30-day average volume of 74,740.
However, year to date, the stock was down 31.3% as of last close.
Original Juice is an international beverage manufacturing company.