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Wilmar International (OTCMKTS:WLMIY) Stock Price Passes Above 50-Day Moving Average - Time to Sell?

Wilmar International logo with Basic Materials background
Image from MarketBeat Media, LLC.

Key Points

  • Shares crossed above the 50‑day moving average, trading as high as $30.29 and last at $30.26 versus a 50‑day MA of $29.33 and a 200‑day MA of $26.38, indicating a short‑term bullish move.
  • Low leverage but modest liquidity: the company has a debt‑to‑equity ratio of 0.29 while showing a quick ratio of 0.67 and a current ratio of 1.12.
  • Business profile: Wilmar is a leading, vertically integrated global agribusiness spanning palm oil, edible oils, sugar, flour milling, oilseed crushing and oleochemicals.
  • Five stocks to consider instead of Wilmar International.

Shares of Wilmar International Ltd. (OTCMKTS:WLMIY - Get Free Report) crossed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $29.33 and traded as high as $30.29. Wilmar International shares last traded at $30.26, with a volume of 23,096 shares.

Wilmar International Price Performance

The firm has a 50 day moving average price of $29.33 and a 200-day moving average price of $26.38. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.67 and a current ratio of 1.12.

About Wilmar International

(Get Free Report)

Wilmar International Limited is a leading global agribusiness group with a diversified portfolio spanning palm oil cultivation, edible oils, sugar, flour milling, and oilseed crushing. Headquartered in Singapore, the company engages in the processing, refining, marketing, and distribution of agricultural commodities, serving both consumer and industrial markets. Its core products include a wide range of edible oils, specialty fats, and oleochemicals used across the food, pharmaceutical, and personal care industries.

Founded in 1991 by Kuok Khoon Hong and a consortium of agricultural entrepreneurs, Wilmar International has grown through strategic acquisitions and joint ventures to establish a vertically integrated supply chain.

Further Reading

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