Calbee (OTCMKTS:CLBEY) Shares Down 3.7% – What’s Next?

Calbee, Inc. (OTCMKTS:CLBEY)’s share price dropped 3.7% during trading on Thursday . The stock traded as low as C$4.65 and last traded at C$4.65. Approximately 617 shares changed hands during mid-day trading, a decline of 62% from the average daily volume of 1,637 shares. The stock had previously closed at C$4.83.

Calbee Trading Down 3.7%

The company has a 50-day moving average of C$4.79 and a 200-day moving average of C$4.69.

Calbee Company Profile

Calbee, Inc, traded over the counter in the U.S. under the symbol CLBEY, is a leading Japanese snack food manufacturer specializing in potato-based and vegetable-based snacks. Headquartered in Tokyo, the company develops, produces and markets a broad range of packaged snack products that leverage local ingredients and innovative manufacturing techniques to deliver unique taste experiences. Calbee’s business model encompasses in-house research and development, quality control systems, and an integrated supply chain that spans from raw agricultural sourcing to finished goods distribution.

The company’s product portfolio includes potato chips, sticks and crisps, as well as corn-based and cereal-based snacks.