Wilmar International (OTCMKTS:WLMIY) Shares Gap Down – What’s Next?

Wilmar International Ltd. (OTCMKTS:WLMIYGet Free Report) gapped down prior to trading on Tuesday . The stock had previously closed at $30.13, but opened at $28.34. Wilmar International shares last traded at $29.5340, with a volume of 119,984 shares traded.

Wilmar International Stock Performance

The firm’s 50-day simple moving average is $29.82 and its two-hundred day simple moving average is $29.16. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.67 and a current ratio of 1.12.

Wilmar International Company Profile

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Wilmar International Limited is a Singapore-based agribusiness company engaged in the cultivation, processing, merchandising and distribution of agricultural commodities and food products. Its operations span the value chain from raw materials and primary processing to branded consumer products and industrial ingredients.

The company’s businesses include oil palm cultivation, palm oil refining, oilseed crushing, edible oils, specialty fats, oleochemicals, flour and rice milling, sugar merchandising and refining, and the production of consumer food products.

Further Reading

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