Wilmar International (OTCMKTS:WLMIY) Stock Crosses Above Fifty Day Moving Average – Here’s Why

Wilmar International Ltd. (OTCMKTS:WLMIY) shares crossed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $24.84 and traded as high as $28.05. Wilmar International shares last traded at $27.7850, with a volume of 25,009 shares trading hands.

Wilmar International Price Performance

The stock has a 50 day moving average of $24.84 and a 200-day moving average of $23.89. The company has a current ratio of 1.16, a quick ratio of 0.76 and a debt-to-equity ratio of 0.32.

About Wilmar International

Wilmar International Limited is a leading global agribusiness group with a diversified portfolio spanning palm oil cultivation, edible oils, sugar, flour milling, and oilseed crushing. Headquartered in Singapore, the company engages in the processing, refining, marketing, and distribution of agricultural commodities, serving both consumer and industrial markets. Its core products include a wide range of edible oils, specialty fats, and oleochemicals used across the food, pharmaceutical, and personal care industries.

Founded in 1991 by Kuok Khoon Hong and a consortium of agricultural entrepreneurs, Wilmar International has grown through strategic acquisitions and joint ventures to establish a vertically integrated supply chain.