Calbee (OTCMKTS:CLBEY) Stock Price Up 0.2% – Here’s What Happened

Calbee, Inc. (OTCMKTS:CLBEY – Get Free Report)’s stock price was up 0.2% during trading on Monday. The company traded as high as C$4.75 and last traded at C$4.75. Approximately 755 shares traded hands during trading, a decline of 43% from the average daily volume of 1,317 shares. The stock had previously closed at C$4.74.

Calbee Stock Up 2.6%

The firm’s 50 day moving average is C$4.74 and its two-hundred day moving average is C$4.63.

Calbee Company Profile

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Calbee, Inc is a Japanese food company that develops, manufactures and sells snack foods and breakfast products. Its portfolio includes potato chips, shrimp-based snacks, corn and other grain snacks, baked and vegetable-based products, and cereal products.

The company is known for brands such as Kappa Ebisen, Jagarico, Frugra and its Calbee potato chips. Calbee sources and processes agricultural ingredients, including potatoes, grains and seafood, and distributes its products through supermarkets, convenience stores, specialty retailers and other channels.

Calbee traces its origins to 1949, when it was established in Japan as Matsuo Co, Ltd.; the Calbee name was later adopted to reflect the importance of calcium and vitamin B1 in nutrition.

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