Shares of Wilmar International Limited (OTCMKTS:WLMIF – Get Free Report) shot up 1.7% during mid-day trading on Wednesday . The stock traded as high as $3.00 and last traded at $3.00. Approximately 7,800 shares traded hands during mid-day trading, a decline of 64% from the average daily volume of 21,965 shares. The stock had previously closed at $2.95.
Wilmar International Stock Performance
The company has a 50 day simple moving average of $2.85 and a 200 day simple moving average of $2.77.
About Wilmar International
Wilmar International Limited operates as an agribusiness company in Singapore, South East Asia, the People's Republic of China, India, Europe, Australia/New Zealand, Africa, and internationally. The company operates through four segments: Food Products, Feed and Industrial Products, Plantation and Sugar Milling, and Others. The Food Products segment engages in the processing, branding, and distribution of a range of edible food products, including vegetable oils, sugar, flour, rice, noodles, specialty fats, snacks, bakery, and dairy products, as well as ready-to-eat meals and central kitchen products.
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