China New Borun Corp (NYSE:BORN)’s share price passed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $0.30 and traded as high as $0.13. China New Borun shares last traded at $0.13, with a volume of 741 shares traded.
The stock’s 50 day moving average is $0.29. The company has a debt-to-equity ratio of 0.10, a quick ratio of 1.04 and a current ratio of 2.62.
China New Borun Company Profile (NYSE:BORN)
China New Borun Corporation produces and distributes corn-based edible alcohol in the People's Republic of China. It operates in two segments, Corn-Base Edible Alcohol and its By-Products, and Chemical Products. The company offers edible alcohol products for use as an ingredient to producers of baijiu, a grain-based alcoholic beverage; and by-products of edible alcohol, such as distillers dried grains with solubles feed, liquid carbon dioxide, and crude corn oil.
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