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China Xiangtai Food (NASDAQ:PLIN) Shares Down 4.3% - Time to Sell?

China Xiangtai Food logo with Consumer Staples background

China Xiangtai Food Co., Ltd. (NASDAQ:PLIN - Get Free Report)'s stock price traded down 4.3% during mid-day trading on Wednesday . The company traded as low as $0.16 and last traded at $0.16. 3,192,363 shares traded hands during mid-day trading, an increase of 1,029% from the average session volume of 282,637 shares. The stock had previously closed at $0.17.

China Xiangtai Food Stock Down 4.3%

The business has a 50 day simple moving average of $0.16 and a 200-day simple moving average of $0.46.

About China Xiangtai Food

(Get Free Report)

China Xiangtai Food Co, Ltd., through its subsidiaries, engages in the slaughtering, processing, packing, distribution, wholesale, and retail of various fresh pork meat and parts in the People's Republic of China. It offers fresh pork and byproducts, as well as beef, lamb, chicken, duck, and rabbit meat.

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