RSI Signals Bullish US Stock: $ACST $MOMO $CPB

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Acasti Pharma Reports Fiscal Q1 2021 Results

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Acasti Pharma Inc. (NASDAQ:ACST) with an RSI of 17.39 looks bullish. The company has provided its Q1 2021 financial results in which net loss in the quarter was $4.7 million or $0.05 per share compared to $8.8 million or $0.11 per share in fiscal Q1, 2020. Loss from operations in the quarter was $4.1 million compared to $8 million in Q1 2020 with the decrease being due to the reduction of research expenses as the CaPre program Phase 3 study nears completion. At the end of the quarter, Acasti has $12.1 million in cash and cash equivalents which is enough to fund operations through fiscal Q1 2021.

The company recently reported Topline Triglyceride results from its third phase TRILOGY 2 study of CaPre in patients suffering from Severe Hypertriglyceridemia.

Momo Reports 6.8% YoY Drops In Revenue In Q2 2020

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Momo Inc. (NASDAQ:MOMO) is also looking bullish with a RSI of 23.02. The company has announced its Q2 2020 unaudited financial results in which net revenue dropped 6.8% YoY to $547.5 million. Net income attributable to the company dropped to $64.6 million in the quarter with Non-GAAP net income coming in at $94.8 million. Diluted net income was $0.30 per American Depositary Share. Non-GAAP net income per ADS was $0.43.

During the quarter the company had 12.8 million total paying subscribers to its video service and value-added service which included 3.9 million paying Tantan Limited users. In June monthly active users on Momo applications were 111.5 million.

Campbell Soup's CEO Discusses Its Meaningful Purpose Recipe brand

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Another bullish looking stock is Campbell Soup Company (NYSE:CPB) with an RSI of 26.11. The company is mixing a series of non-negotiable principles that apply across its operations with strategies that are brand specific in its purpose is driven efforts. The company's CEO and president Mark Clouse discussed the subject as part of the virtual "Cultural Relevance during a Cultural Reckoning" panel.

In July the company named Toby Johnson as the SVP of sales rising from a military background to become an executive leader in the fast-growing CPG sector. Johnson was in the military flying a helicopter and she was part of the 2003 Iraqi invasion.

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