Elders Limited (OTCMKTS:EDESY – Get Free Report) shares shot up 16.1% during trading on Thursday. The company traded as high as $22.5220 and last traded at $22.06. Approximately 1,635 shares traded hands during trading, an increase of 1,535% from the average daily volume of 100 shares. The stock had previously closed at $19.00.
Elders Price Performance
The company’s 50-day simple moving average is $19.26 and its 200-day simple moving average is $19.17.
About Elders
Elders Limited is an Australian agribusiness that provides products and services to farmers, livestock producers and other participants in the rural economy. The company operates through a network of rural and regional locations, supporting customers across Australia’s major agricultural markets.
Its activities include livestock and wool agency services, agricultural production advice, and the sale of farm inputs such as fertilisers, crop protection products, animal health products, seed and rural merchandise.
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