China Xiangtai Food (NASDAQ:PLIN) Trading Down 18.8% – Here’s What Happened

China Xiangtai Food Co., Ltd. (NASDAQ:PLINGet Free Report) fell 18.8% on Wednesday . The stock traded as low as $0.71 and last traded at $0.71. 124,677 shares were traded during mid-day trading, a decline of 56% from the average session volume of 282,637 shares. The stock had previously closed at $0.88.

China Xiangtai Food Trading Up 2.2 %

The business has a 50-day moving average price of $1.18 and a two-hundred day moving average price of $1.70.

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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