Calbee (OTCMKTS:CLBEY) Stock Price Up 4.6% – Still a Buy?

Shares of Calbee, Inc. (OTCMKTS:CLBEYGet Free Report) rose 4.6% on Wednesday . The company traded as high as C$4.79 and last traded at C$4.79. Approximately 182 shares were traded during mid-day trading, a decline of 85% from the average daily volume of 1,212 shares. The stock had previously closed at C$4.58.

Calbee Price Performance

The business’s fifty day moving average is C$4.79 and its two-hundred day moving average is C$4.71.

About Calbee

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Calbee, Inc, traded over the counter in the U.S. under the symbol CLBEY, is a leading Japanese snack food manufacturer specializing in potato-based and vegetable-based snacks. Headquartered in Tokyo, the company develops, produces and markets a broad range of packaged snack products that leverage local ingredients and innovative manufacturing techniques to deliver unique taste experiences. Calbee’s business model encompasses in-house research and development, quality control systems, and an integrated supply chain that spans from raw agricultural sourcing to finished goods distribution.

The company’s product portfolio includes potato chips, sticks and crisps, as well as corn-based and cereal-based snacks.

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