Minerva S.A. (OTCMKTS:MRVSY – Get Free Report)’s stock price rose 4.5% on Monday. The stock traded as high as $3.50 and last traded at $3.50. 1,304 shares changed hands during trading, a decline of 89% from the average daily volume of 11,919 shares. The stock had previously closed at $3.35.
Minerva Stock Performance
The firm’s fifty day moving average price is $3.11 and its two-hundred day moving average price is $3.13.
About Minerva
Minerva SA, doing business as Minerva Foods, is a Brazilian food company focused primarily on beef production and processing. Its operations include cattle slaughtering, beef processing and packaging, and the sale of fresh, chilled and frozen beef, along with related products such as hides and other animal byproducts.
The company serves retail, food-service and industrial customers through domestic and international distribution channels. Minerva Foods exports beef and other products to markets across South America, the Middle East, Asia, Europe and North America, subject to applicable regulatory and trade requirements.
Founded in Brazil in 1992, the company has expanded its operations through investments and acquisitions in South America.
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