WH Group Limited (OTCMKTS:WHGLY – Get Free Report)’s stock price traded down 0.4% during trading on Monday. The company traded as low as $15.96 and last traded at $16.15. Approximately 150,335 shares changed hands during trading, an increase of 189% from the average session volume of 51,935 shares. The stock had previously closed at $16.22.
WH Group Stock Performance
The firm has a 50 day moving average price of $17.11 and a two-hundred day moving average price of $21.94.
WH Group Company Profile
WH Group Limited is a Hong Kong-based food company focused primarily on pork production, meat processing and packaged foods. Through its operations and subsidiaries, the company participates in hog production, slaughtering, processing, distribution and the sale of fresh, frozen and prepared pork products.
WH Group’s principal businesses include Smithfield Foods in the United States and Shuanghui Development in China. Its product portfolio includes fresh pork, cured and smoked meats, sausages, ham, bacon and other packaged meat products sold under a range of regional and international brands.
The company traces its roots to China’s Shuanghui meat-processing business and expanded internationally through the acquisition of Smithfield Foods in 2013.
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