China Feihe (OTCMKTS:CFEIY) Stock Falls 27.6% – Here’s What Happened

China Feihe Limited (OTCMKTS:CFEIY – Get Free Report)’s stock price was down 27.6% during mid-day trading on Tuesday. The stock traded as low as $3.44 and last traded at $3.44. 300 shares were traded during trading, an increase of 17% from the average daily volume of 256 shares. The stock had previously closed at $4.75.

China Feihe Price Performance

The stock has a 50-day simple moving average of $4.37 and a 200 day simple moving average of $4.50.

About China Feihe

(Get Free Report)

China Feihe Limited is a Chinese dairy and nutrition company focused primarily on the research, development, manufacture and sale of infant and children’s formula products. Its portfolio includes infant milk formula, toddler formula and other milk-based nutritional products, sold under brands associated with Feihe and its product lines.

The company also offers adult milk powder and other nutritional products, serving consumers through retail stores, supermarkets, e-commerce platforms and specialized maternal and infant channels.

Further Reading

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