Aryzta (OTCMKTS:ARZTF) Trading Up 2,815.3% – Should You Buy?

Aryzta Ag (OTCMKTS:ARZTF)’s stock price rose 2,815.3% during trading on Wednesday . The stock traded as high as C$62.68 and last traded at C$62.68. Approximately 100 shares were traded during mid-day trading, a decline of 100% from the average daily volume of 57,000 shares. The stock had previously closed at C$2.15.

Aryzta Trading Up 2,815.3%

The company has a fifty day simple moving average of C$82.40 and a 200-day simple moving average of C$82.66.

Aryzta Company Profile

Aryzta AG is a Switzerland-based international frozen bakery business that produces a wide range of baked goods for both retail and foodservice customers. The company’s product portfolio includes artisan and specialty breads, viennoiserie, cakes, sweet and savory snacks, and pizza bases. Aryzta serves global quick-service restaurants, hotel and restaurant chains, school and healthcare dining services, as well as supermarket and grocery channels under both proprietary and private-label arrangements.

The origins of Aryzta date back to a family-owned bakery established in Switzerland in the late 19th century and to an Irish food ingredients company founded in the mid-20th century.