Golden Agri-Resources Ltd (OTCMKTS:GARPY – Get Free Report) passed below its two hundred day moving average during trading on Monday. The stock has a two hundred day moving average of $23.17 and traded as low as $20.8668. Golden Agri-Resources shares last traded at $20.8668, with a volume of 337 shares traded.
Golden Agri-Resources Stock Down 13.1%
The company has a 50 day moving average of $24.65 and a 200 day moving average of $23.17.
Golden Agri-Resources Company Profile
Golden Agri-Resources Ltd. is an integrated palm oil company headquartered in Singapore, with its primary operations in Indonesia. The company is involved across the palm oil value chain, including the cultivation and harvesting of oil palm, milling, refining, and the processing and distribution of palm-based products.
Its product portfolio includes crude and refined palm oil, cooking oils, margarine, shortening, specialty fats, oleochemicals, and biodiesel. Through its downstream operations, Golden Agri-Resources serves food manufacturers, consumer markets, and industrial customers in Indonesia and international markets.
Founded in 1996, Golden Agri-Resources has developed an extensive plantation and processing network and distributes products through a global supply chain.
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