The a2 Milk Company Limited (OTCMKTS:ACOPF – Get Free Report)’s stock price passed above its 50-day moving average during trading on Thursday. The stock has a 50-day moving average of $4.69 and traded as high as $5.00. a2 Milk shares last traded at $4.84, with a volume of 939 shares traded.
a2 Milk Stock Performance
The company’s 50 day simple moving average is $4.69 and its 200-day simple moving average is $5.13.
a2 Milk Company Profile
The a2 Milk Company Limited is a New Zealand-based dairy nutrition company that develops, markets and sells products made with milk containing only the A2 type of beta-casein protein. Its portfolio includes branded fresh milk, infant formula, growing-up milk, nutritional products and other dairy products.
The company’s principal brands include a2 Milk and a2 Platinum, with products sold through grocery, pharmacy and e-commerce channels. Its infant nutrition business is particularly focused on families in China, while its dairy products are marketed in New Zealand, Australia and selected international markets, including the United States and the United Kingdom.
The company traces its origins to research and commercialization efforts surrounding A2 beta-casein and has developed a business centered on differentiated dairy nutrition.
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