a2 Milk (OTCMKTS:ACOPF) Shares Down 2% – Time to Sell?

Shares of The a2 Milk Company Limited (OTCMKTS:ACOPFGet Free Report) dropped 2% during trading on Wednesday . The company traded as low as $4.64 and last traded at $4.64. Approximately 1,200 shares traded hands during trading, a decline of 63% from the average daily volume of 3,251 shares. The stock had previously closed at $4.73.

a2 Milk Stock Performance

The stock’s 50 day simple moving average is $5.10 and its 200 day simple moving average is $4.69.

About a2 Milk

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The a2 Milk Company Limited, together with its subsidiaries, sells A2 protein type branded milk and related products in Australia, New Zealand, China, other Asian countries, and the United States. The company also engages in the manufacturing and sale of nutritional and commodity products. It offers its products under the a2 Milk and a2 Platinum brands.

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