Corbion (OTCMKTS:CSNVY – Get Free Report)’s stock price was down 4.6% on Tuesday . The stock traded as low as $23.00 and last traded at $23.00. 100 shares traded hands during trading, a decline of 88% from the average daily volume of 869 shares. The stock had previously closed at $24.10.
Corbion Price Performance
The company’s 50-day simple moving average is $22.48 and its 200-day simple moving average is $22.39.
About Corbion
Corbion NV (OTCMKTS: CSNVY) is a global leader in sustainable food and biobased ingredients. Headquartered in Amsterdam, the company specializes in the development, production and sale of lactic acid and its derivatives, emulsifiers, enzymes and bio-preservation solutions. Corbion’s products are used to improve food quality and safety, extend shelf life, enhance nutritional value and support environmentally friendly materials.
The company’s core offerings include high-purity lactic acid, lactides for use in polylactic acid (PLA) bioplastics, and a range of specialty emulsifiers and enzymes for bakery, dairy, meat and plant-based applications.
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