Wilmar International (OTCMKTS:WLMIY) Sees Strong Trading Volume – Here’s Why

Wilmar International Ltd. (OTCMKTS:WLMIY – Get Free Report) shares saw an uptick in trading volume on Monday. Approximately 138,500 shares changed hands during mid-day trading, an increase of 194% from the average daily volume of 47,187 shares. The stock last traded at $22.8050 and had previously closed at $22.47.

Wilmar International Stock Performance

The firm’s fifty day simple moving average is $28.00 and its 200 day simple moving average is $28.52.

Wilmar International Company Profile

(Get Free Report)

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

The company’s products and services include edible oils, specialty fats, oleochemicals, biodiesel, flour, rice, sugar, animal feed and consumer-packaged food products.

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