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An update from Beyond Oil Ltd ( (TSE:BOIL) ) is now available.
Sodexo Israel, the country’s largest provider of catering and building-maintenance services, has chosen Beyond Oil’s patented filter powder to enhance its premier catering sites. This innovative solution captures and neutralizes harmful byproducts generated during frying, improving food quality and extending oil life. The partnership aligns with Sodexo’s commitment to sustainability and operational efficiency, while also validating Beyond Oil’s technology in the industry. The rollout is expected to benefit Sodexo’s diverse clientele, including healthcare and defense sectors, by reducing oil consumption and enhancing customer satisfaction.
Spark’s Take on TSE:BOIL Stock
According to Spark, TipRanks’ AI Analyst, TSE:BOIL is a Neutral.
Beyond Oil Ltd’s overall stock score is primarily driven by financial performance challenges and weak technical indicators, though offset by positive corporate events that signal strategic growth initiatives. The valuation remains a concern due to negative earnings, requiring attention to profitability and operational efficiency.
To see Spark’s full report on TSE:BOIL stock, click here.
More about Beyond Oil Ltd
Beyond Oil Ltd. is a food-tech innovation company focused on reducing health risks associated with fried food, lowering operational costs, and enhancing sustainability. With over 15 years of experience, the company offers patented technology that significantly reduces harmful compounds in frying oil, addressing critical health concerns. Beyond Oil’s products are used globally in various food service sectors, including restaurants, hotels, and catering services.
Average Trading Volume: 92,097
Technical Sentiment Signal: Buy
For an in-depth examination of BOIL stock, go to TipRanks’ Overview page.