China Xiangtai Food (NASDAQ:PLIN) Trading Down 0.2% – Here’s Why

Shares of China Xiangtai Food Co., Ltd. (NASDAQ:PLINGet Free Report) were down 0.2% during trading on Wednesday . The company traded as low as $0.48 and last traded at $0.52. Approximately 52,782 shares traded hands during trading, a decline of 81% from the average daily volume of 282,637 shares. The stock had previously closed at $0.52.

China Xiangtai Food Stock Performance

The firm’s 50-day moving average is $0.94 and its two-hundred day moving average is $1.56.

About China Xiangtai Food

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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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