Golden Agri-Resources (OTCMKTS:GARPY) Stock Price Up 5% – Here’s Why

Golden Agri-Resources Ltd (OTCMKTS:GARPYGet Free Report)’s share price was up 5% during trading on Wednesday . The company traded as high as $23.00 and last traded at $23.00. Approximately 300 shares traded hands during mid-day trading, a decline of 37% from the average daily volume of 475 shares. The stock had previously closed at $21.90.

Golden Agri-Resources Stock Performance

The business has a 50 day moving average price of $21.20 and a two-hundred day moving average price of $20.93.

About Golden Agri-Resources

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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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