CFN Enterprises (OTCMKTS:CNFN) Trading Down 12.9% – Here’s What Happened

CFN Enterprises Inc. (OTCMKTS:CNFN) shares fell 12.9% during mid-day trading on Wednesday . The stock traded as low as $1.20 and last traded at $1.20. 100 shares changed hands during mid-day trading, an increase of 2,799% from the average session volume of 3 shares. The stock had previously closed at $1.3775.

CFN Enterprises Trading Down 12.9%

The stock has a market cap of $10.56 million, a PE ratio of -1.05 and a beta of 1.21. The business has a 50-day moving average price of $1.18 and a 200 day moving average price of $1.83.

About CFN Enterprises

CFN Enterprises, Inc (OTC: CNFN) operates as a specialty packaging and supply chain solutions provider for consumer products companies. The company designs, manufactures and supplies a wide selection of rigid packaging components—such as plastic bottles, jars, closures and droppers—catering to markets that include aromatherapy, personal care, over-the-counter pharmaceuticals and specialty food and beverage.

Through its combined manufacturing footprint in the United States and China, CFN Enterprises offers injection blow molding, extrusion blow molding and injection molding capabilities.