Nufarm (OTCMKTS:NFRMY) Stock Price Up 1.9% – Still a Buy?

Nufarm Limited (OTCMKTS:NFRMY – Get Free Report) shares shot up 1.9% on Wednesday. The stock traded as high as $3.82 and last traded at $3.82. 1,500 shares traded hands during mid-day trading, an increase of 57% from the average session volume of 954 shares. The stock had previously closed at $3.75.

Nufarm Trading Up 1.9%

The business has a 50-day simple moving average of $3.82 and a 200-day simple moving average of $3.82.

About Nufarm

(Get Free Report)

Nufarm Limited is an Australia-based agricultural chemicals company that develops, manufactures and markets crop protection products and seed technologies. Its portfolio includes herbicides, fungicides, insecticides, plant growth regulators, adjuvants and other products designed to help farmers manage weeds, pests and crop diseases.

The company serves agricultural markets across Australia and New Zealand, Europe, North America and Latin America. Nufarm supplies products for a range of broadacre, specialty and horticultural crops, including cereals, oilseeds, sugarcane, cotton, fruits and vegetables.

Nufarm traces its origins to 1956 and has expanded from an Australian agricultural chemicals business into an international crop protection company.

Further Reading

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