Nissin Foods Holdings Co.,Ltd. (OTCMKTS:NFPDF – Get Free Report) rose 10.4% during trading on Friday . The stock traded as high as $20.50 and last traded at $20.50. Approximately 200 shares traded hands during mid-day trading, a decline of 92% from the average daily volume of 2,600 shares. The stock had previously closed at $18.5764.
Nissin Foods Holdings Co.,Ltd. Price Performance
The firm has a 50-day moving average price of $18.44 and a two-hundred day moving average price of $18.66.
About Nissin Foods Holdings Co.,Ltd.
Nissin Foods Holdings Co,Ltd. is a Japanese food processing company best known for pioneering the instant noodle market. Founded in 1948 by Momofuku Ando, the company introduced the world’s first instant ramen product, “Chikin Ramen,” in 1958 and later launched the iconic Cup Noodles format in 1971. Since its inception, Nissin has been at the forefront of product innovation, helping to shape global eating habits by offering convenient, shelf‐stable meal solutions.
The company’s core business encompasses the development, production and distribution of instant noodles and related products.
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