WH Group Limited (OTCMKTS:WHGLY – Get Free Report)’s share price dropped 0.4% during mid-day trading on Monday. The stock traded as low as $15.96 and last traded at $16.15. Approximately 150,335 shares were traded during mid-day trading, an increase of 189% from the average daily volume of 51,935 shares. The stock had previously closed at $16.22.
WH Group Trading Down 0.4%
The business’s 50 day moving average is $17.28 and its 200 day moving average is $22.00.
WH Group Company Profile
WH Group Limited is a Hong Kong-based food company focused primarily on pork production, meat processing and packaged foods. Through its operations and subsidiaries, the company participates in hog production, slaughtering, processing, distribution and the sale of fresh, frozen and prepared pork products.
WH Group’s principal businesses include Smithfield Foods in the United States and Shuanghui Development in China. Its product portfolio includes fresh pork, cured and smoked meats, sausages, ham, bacon and other packaged meat products sold under a range of regional and international brands.
The company traces its roots to China’s Shuanghui meat-processing business and expanded internationally through the acquisition of Smithfield Foods in 2013.
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