China Feihe (OTCMKTS:CFEIY) Shares Down 15.1% – Here’s Why

Shares of China Feihe Limited (OTCMKTS:CFEIY) traded down 15.1% during trading on Tuesday . The stock traded as low as $4.3880 and last traded at $4.3880. 197 shares changed hands during trading, a decline of 72% from the average session volume of 700 shares. The stock had previously closed at $5.17.

China Feihe Stock Performance

The company’s 50-day moving average price is $4.80 and its 200-day moving average price is $5.17.

About China Feihe

China Feihe (OTCMKTS:CFEIY) is a leading manufacturer and distributor of infant formula and dairy products in the People’s Republic of China. Founded in the early 1960s in Heilongjiang province, the company has grown from a regional dairy processor into one of the nation’s foremost suppliers of nutritional products for infants, children, and adults. China Feihe’s core business revolves around the research, production, and sale of milk powder formulas designed to meet various life stage requirements, with particular emphasis on quality control and food safety standards.

The company’s product portfolio includes infant formula for newborns, stage-based follow-on formula, and specialized products such as goat milk formulas and probiotic-enhanced offerings.