Blue Moon Group (OTCMKTS:BLUMY) Stock Falls 35.6% – Here’s Why

Blue Moon Group Holdings Limited (OTCMKTS:BLUMY – Get Free Report) shares traded down 35.6% during trading on Wednesday. The stock traded as low as $1.45 and last traded at $1.45. Approximately 100 shares traded hands during mid-day trading, a decline of 40% from the average daily volume of 167 shares. The stock had previously closed at $2.25.

Blue Moon Group Stock Performance

The stock’s fifty day moving average price is $1.89 and its 200-day moving average price is $1.82.

About Blue Moon Group

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Blue Moon Group Holdings Limited is a China-based manufacturer and marketer of household cleaning and personal hygiene products. Its portfolio includes laundry detergents, fabric-care products, hand soaps, dishwashing liquids and other cleaning solutions sold under the Blue Moon brand.

The company serves consumers primarily through mainland China’s retail and e-commerce channels, including supermarkets, specialty stores and online marketplaces. Its products are designed for household washing, cleaning and hygiene applications.

Blue Moon traces its origins to 1992 and is headquartered in Guangzhou, China.

Further Reading

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