Wilmar International (OTCMKTS:WLMIF) Stock Falls 7.6% – Time to Sell?

Wilmar International Limited (OTCMKTS:WLMIF – Get Free Report) shares fell 7.6% on Friday. The stock traded as low as $2.80 and last traded at $2.80. Approximately 8,500 shares changed hands during trading, a decline of 63% from the average daily volume of 23,068 shares. The stock had previously closed at $3.03.

Wilmar International Price Performance

The stock’s 50-day moving average price is $2.92 and its 200 day moving average price is $2.93.

Wilmar International Company Profile

(Get Free Report)

Wilmar International Limited is a Singapore-based agribusiness company engaged in the production, processing, distribution and merchandising of agricultural commodities and food products. Its operations span the full value chain, from oil palm cultivation and oilseed crushing to refining, manufacturing and consumer distribution.

The company’s products and services include edible oils, specialty fats, oleochemicals, biodiesel, oilseed meals, flour, rice, sugar, animal feed and agricultural fertilizers.

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