Marfrig Global Foods (OTCMKTS:MRRTY) Shares Down 5% – What’s Next?

Marfrig Global Foods S.A. (OTCMKTS:MRRTYGet Free Report)’s share price fell 5% during mid-day trading on Thursday . The stock traded as low as $2.61 and last traded at $2.66. 13,311 shares traded hands during trading, a decline of 27% from the average session volume of 18,285 shares. The stock had previously closed at $2.80.

Marfrig Global Foods Stock Performance

The business’s 50 day simple moving average is $2.49 and its 200 day simple moving average is $2.24.

Marfrig Global Foods Company Profile

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Marfrig Global Foods SA, through its subsidiaries, operates in the food industry in Brazil and internationally. It operates through Beef North America; Beef South America; and Poultry, Pork and Processed Products BRF segments. The company produces, processes, distributes, and sells animal-based proteins, such as beef, pork, lamb, fish, and poultry; pastas, margarine, pet food, and plant-based proteins; hamburgers; and various ready-to-eat products, including frozen vegetables, lamb, fish, and sauces.

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