Golden Agri-Resources Ltd (OTCMKTS:GARPY – Get Free Report) shares were down 0.4% during mid-day trading on Tuesday. The stock traded as low as $26.39 and last traded at $26.39. Approximately 111 shares were traded during trading, a decline of 85% from the average daily volume of 744 shares. The stock had previously closed at $26.50.
Golden Agri-Resources Price Performance
The stock has a 50 day simple moving average of $24.24 and a two-hundred day simple moving average of $23.22.
About Golden Agri-Resources
Golden Agri-Resources Ltd. (GAR) is an integrated agribusiness company headquartered in Singapore and one of the world’s major palm oil producers. The company operates across the palm oil value chain, from cultivating oil palm and harvesting fresh fruit bunches to producing and marketing refined palm-based products.
GAR’s products include crude palm oil, palm kernel oil, refined oils and fats, specialty fats, oleochemicals, biodiesel and other consumer and industrial products. Its downstream operations serve food, oleochemical, personal care, and renewable-energy markets, while its branded products are distributed in various international markets.
The company’s plantation and processing activities are concentrated primarily in Indonesia, with a broader commercial presence across Asia and other global markets.
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