Cereplast (OTCMKTS:CERPQ) Trading 64.7% Higher – Still a Buy?

Cereplast, Inc. (OTCMKTS:CERPQGet Free Report)’s share price shot up 64.7% during trading on Monday . The company traded as high as $0.48 and last traded at $0.40. 9,571,500 shares traded hands during trading, an increase of 1,855% from the average session volume of 489,570 shares. The stock had previously closed at $0.24.

Cereplast Stock Up 64.7 %

The firm has a fifty day moving average price of $0.39.

Cereplast Company Profile

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Cereplast, Inc does not have significant operation. Previously, it was involved in the development and are commercialization of bio-based resins. The company was incorporated in 2001 and is based in Zhengzhou, China.

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