Wilmar International (OTCMKTS:WLMIF) Stock Price Up 10.5% – Here’s What Happened

Shares of Wilmar International Limited (OTCMKTS:WLMIF) rose 10.5% on Wednesday . The stock traded as high as $3.2740 and last traded at $3.26. Approximately 117,520 shares traded hands during mid-day trading, an increase of 630% from the average daily volume of 16,095 shares. The stock had previously closed at $2.9501.

Wilmar International Stock Up 10.5%

The firm’s 50 day moving average price is $2.75 and its two-hundred day moving average price is $2.51.

Wilmar International Company Profile

Wilmar International Limited operates as an agribusiness company in Singapore, South East Asia, the People's Republic of China, India, Europe, Australia/New Zealand, Africa, and internationally. The company operates through four segments: Food Products, Feed and Industrial Products, Plantation and Sugar Milling, and Others. The Food Products segment engages in the processing, branding, and distribution of a range of edible food products, including vegetable oils, sugar, flour, rice, noodles, specialty fats, snacks, bakery, and dairy products, as well as ready-to-eat meals and central kitchen products.