Marfrig Global Foods (OTCMKTS:MRRTY) Stock Price Up 0.6% – Time to Buy?

Marfrig Global Foods S.A. (OTCMKTS:MRRTYGet Free Report)’s stock price rose 0.6% during mid-day trading on Friday . The company traded as high as $3.6399 and last traded at $3.56. Approximately 204,260 shares were traded during mid-day trading, an increase of 951% from the average daily volume of 19,426 shares. The stock had previously closed at $3.54.

Marfrig Global Foods Stock Performance

The business has a 50-day moving average price of $3.62 and a 200 day moving average price of $3.78.

Marfrig Global Foods Company Profile

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Marfrig Global Foods is a Brazil-based multinational food company and one of the world’s largest producers of beef. Founded in 1986 and headquartered in São Paulo, the company specializes in the production, processing and sale of fresh and frozen beef cuts, as well as value-added protein products such as hamburgers, ready-to-eat meals and convenience foods. Marfrig’s integrated operations cover slaughtering, deboning, processing, packaging and distribution, serving both retail and foodservice channels.

The company maintains a global footprint, operating processing facilities across South America, North America and Europe.

Further Reading

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