Scope Industries (OTCMKTS:SCPJ) Stock Price Down 7.7% – Here’s Why

Shares of Scope Industries (OTCMKTS:SCPJGet Free Report) dropped 7.7% on Monday . The company traded as low as $290.00 and last traded at $300.00. Approximately 165 shares were traded during trading, The stock had previously closed at $325.00.

Scope Industries Stock Performance

The firm’s 50 day simple moving average is $324.50 and its 200-day simple moving average is $297.36.

Scope Industries Company Profile

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Scope Industries offers waste material recycling services in the United States. It operates plants for the collection and processing of bakery waste materials into a food supplement for animals. The company sells this food supplement to poultry farms, dairies, feed lots, and pet food manufacturers. Scope Industries also owns and operates a plant in Vernon, California, where certain bakery waste material is processed and converted into edible breadcrumbs for human consumption. The company's customers include prepackaged and restaurant supply food processors.

Further Reading

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