China Mengniu Dairy (OTCMKTS:CIADY – Get Free Report) saw strong trading volume on Thursday . 15,109 shares changed hands during mid-day trading, an increase of 86% from the previous session’s volume of 8,127 shares.The stock last traded at $22.51 and had previously closed at $23.27.
China Mengniu Dairy Price Performance
The business’s 50-day moving average is $21.26 and its two-hundred day moving average is $19.86.
China Mengniu Dairy Company Profile
China Mengniu Dairy Company Limited is one of the largest dairy product manufacturers in China, founded in 1999 and headquartered in Hohhot, Inner Mongolia. The company focuses on the production, processing and sale of a wide range of dairy products, leveraging modern dairy farming practices and vertically integrated operations to maintain quality and food safety standards.
Its product portfolio includes fresh liquid milk, UHT milk, yogurt, ice cream, milk powder and cheese, marketed under well-known brands such as Mengniu, Ambrosial and Yashili (in select segments).
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