CFN Enterprises (OTCMKTS:CNFN) Trading Down 60.6% – Here’s Why

CFN Enterprises Inc. (OTCMKTS:CNFNGet Free Report) shares were down 60.6% on Wednesday . The company traded as low as $0.3522 and last traded at $0.3522. 4,017 shares changed hands during mid-day trading, an increase of 960% from the average session volume of 379 shares. The stock had previously closed at $0.8940.

CFN Enterprises Stock Performance

The firm’s fifty day moving average is $0.63 and its 200-day moving average is $0.83. The company has a market capitalization of $3.36 million, a P/E ratio of -0.72 and a beta of 1.03.

CFN Enterprises (OTCMKTS:CNFNGet Free Report) last issued its earnings results on Wednesday, May 20th. The company reported ($0.15) earnings per share for the quarter. The business had revenue of $0.09 million for the quarter.

About CFN Enterprises

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CFN Enterprises, Inc (OTC: CNFN) operates as a specialty packaging and supply chain solutions provider for consumer products companies. The company designs, manufactures and supplies a wide selection of rigid packaging components—such as plastic bottles, jars, closures and droppers—catering to markets that include aromatherapy, personal care, over-the-counter pharmaceuticals and specialty food and beverage.

Through its combined manufacturing footprint in the United States and China, CFN Enterprises offers injection blow molding, extrusion blow molding and injection molding capabilities.

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