China Xiangtai Food (NASDAQ:PLIN) Trading 5.6% Higher – Here’s Why

China Xiangtai Food Co., Ltd. (NASDAQ:PLINGet Free Report)’s stock price shot up 5.6% during trading on Wednesday . The company traded as high as $0.95 and last traded at $0.95. 40,403 shares traded hands during trading, a decline of 86% from the average session volume of 282,637 shares. The stock had previously closed at $0.90.

China Xiangtai Food Stock Performance

The firm has a 50 day moving average of $1.54 and a 200-day moving average of $2.08.

China Xiangtai Food Company Profile

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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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