MustGrow Biologics (OTC:MGROF) Stock Price Down 2.8% – Here’s Why

MustGrow Biologics Corp. (OTC:MGROFGet Free Report) was down 2.8% on Thursday . The stock traded as low as C$0.94 and last traded at C$0.94. Approximately 300 shares traded hands during trading, a decline of 71% from the average daily volume of 1,050 shares. The stock had previously closed at C$0.96.

MustGrow Biologics Stock Performance

The stock’s 50-day simple moving average is C$1.04 and its two-hundred day simple moving average is C$0.92.

MustGrow Biologics Company Profile

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MustGrow Biologics Corp., an agricultural biotechnology company, focuses on development and commercialization of natural biological technologies and products from mustard seeds. It provides Biocontrol technology platform to treat soil-borne diseases and pests for various crops, including fruit, vegetables, and others; treat unwanted plant growth for use in organic agriculture, and home and garden markets, as well as agriculture markets where glyphosate has been banned; and suppress sprouting, and treat disease and pathogen for storage and food preservation markets.

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