Golden Agri-Resources (OTCMKTS:GARPY) Stock Price Down 5% – Should You Sell?

Golden Agri-Resources Ltd (OTCMKTS:GARPYGet Free Report) shares dropped 5% during trading on Friday . The company traded as low as $19.00 and last traded at $19.00. Approximately 6,474 shares traded hands during trading, an increase of 490% from the average daily volume of 1,098 shares. The stock had previously closed at $19.99.

Golden Agri-Resources Price Performance

The business has a 50-day moving average price of $18.97 and a two-hundred day moving average price of $20.22.

Golden Agri-Resources Company Profile

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Golden Agri-Resources Ltd, an investment holding company, operates as an integrated palm oil plantation company in Europe, China, India, Pakistan, the Middle east, and the United States. It operates in two segments, Plantation and Palm Oil Mills; and Palm, Laurics and Others. The company offers bulk products, such as crude palm oil, palm kernel, palm kernel oil, palm kernel meal, olein, stearin, soybean oil, and soybean meal; oleo chemicals; palm oil based bio-diesel and other renewable resources based energy; and refined products.

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