Nufarm (OTCMKTS:NUFMF) Trading Down 0.9% – Time to Sell?

Shares of Nufarm Limited (OTCMKTS:NUFMF) were down 0.9% during trading on Wednesday . The stock traded as low as $2.20 and last traded at $2.20. Approximately 1,755 shares changed hands during trading, a decline of 68% from the average daily volume of 5,470 shares. The stock had previously closed at $2.22.

Analysts Set New Price Targets

A number of brokerages have issued reports on NUFMF. Jefferies Financial Group raised Nufarm to a “buy” rating in a report on Wednesday, May 27th. Royal Bank Of Canada raised Nufarm to an “outperform” rating in a report on Wednesday, May 27th. Two equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, Nufarm has a consensus rating of “Buy”.

Nufarm Trading Down 0.9%

The stock’s 50 day moving average is $1.76 and its 200 day moving average is $1.58.

Nufarm Company Profile

Nufarm Limited (OTCMKTS: NUFMF) is a global crop protection company headquartered in Melbourne, Australia, specializing in the development, manufacturing and distribution of agricultural chemicals. The company’s core product lineup includes herbicides, insecticides, fungicides and plant growth regulators designed to enhance crop yields and protect against a wide range of agronomic challenges. Nufarm serves a broad customer base of farmers, distributors and retailers, providing tailored solutions across diverse crop types and growing conditions.

With a strategic focus on innovation, Nufarm invests in research and development to advance new active ingredients and formulations that address evolving pest resistance and environmental sustainability.