China Xiangtai Food (NASDAQ:PLIN) Trading Down 18.8% – Time to Sell?

China Xiangtai Food Co., Ltd. (NASDAQ:PLINGet Free Report)’s stock price dropped 18.8% during mid-day trading on Wednesday . The stock traded as low as $0.71 and last traded at $0.71. Approximately 124,677 shares were traded during trading, a decline of 56% from the average daily volume of 282,637 shares. The stock had previously closed at $0.88.

China Xiangtai Food Trading Up 2.2 %

The company has a fifty day moving average of $1.18 and a two-hundred day moving average of $1.70.

China Xiangtai Food Company Profile

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China Xiangtai Food Co, Ltd., through its subsidiaries, engages in the slaughtering, processing, packing, distribution, wholesale, and retail of various fresh pork meat and parts in the People's Republic of China. It offers fresh pork and byproducts, as well as beef, lamb, chicken, duck, and rabbit meat.

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