Golden Agri-Resources (OTCMKTS:GARPY) Shares Down 5.2% – Should You Sell?

Golden Agri-Resources Ltd (OTCMKTS:GARPYGet Free Report)’s stock price traded down 5.2% on Tuesday . The stock traded as low as $22.06 and last traded at $22.06. 4,695 shares traded hands during mid-day trading, an increase of 370% from the average session volume of 1,000 shares. The stock had previously closed at $23.27.

Golden Agri-Resources Stock Down 5.2%

The firm’s 50-day simple moving average is $21.90 and its 200 day simple moving average is $21.44.

About Golden Agri-Resources

(Get Free Report)

Golden Agri-Resources Ltd (GAR) is one of the world’s largest palm oil plantation companies. The firm’s core business covers the cultivation and harvesting of oil palm, processing fresh fruit bunches into crude palm oil and palm kernel oil, and refining these into a variety of edible oils, specialty fats, biodiesel and oleochemical products. GAR’s vertically integrated model spans upstream plantation management, midstream milling and downstream refining and distribution.

Incorporated in 1996 and headquartered in Singapore, GAR was listed on the Singapore Exchange in 1999 and trades on the U.S.

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