Shares of China Xiangtai Food Co., Ltd. (NASDAQ:PLIN – Get Rating) fell 3% during mid-day trading on Friday . The company traded as low as $0.21 and last traded at $0.21. 18,673 shares were traded during mid-day trading, a decline of 93% from the average session volume of 282,637 shares. The stock had previously closed at $0.21.
China Xiangtai Food Price Performance
The firm has a 50-day moving average of $0.30 and a two-hundred day moving average of $0.44.
Institutional Inflows and Outflows
An institutional investor recently raised its position in China Xiangtai Food stock. UBS Group AG increased its holdings in China Xiangtai Food Co., Ltd. (NASDAQ:PLIN – Get Rating) by 308.4% in the 1st quarter, according to its most recent disclosure with the SEC. The firm owned 30,179 shares of the company’s stock after acquiring an additional 22,789 shares during the period. UBS Group AG owned approximately 0.05% of China Xiangtai Food worth $33,000 at the end of the most recent quarter. Hedge funds and other institutional investors own 1.48% of the company’s stock.
China Xiangtai Food Company Profile
China Xiangtai Food Co, Ltd., through its subsidiaries, engages in the slaughtering, processing, packing, distribution, wholesale, and retail of various fresh pork meat and parts in the People's Republic of China. It offers fresh pork and byproducts, as well as beef, lamb, chicken, duck, and rabbit meat.
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