Wilmar International (OTCMKTS:WLMIY) Shares Gap Down – Here’s Why
by Jessica Moore · The Cerbat GemWilmar International Ltd. (OTCMKTS:WLMIY – Get Free Report) shares gapped down before the market opened on Friday . The stock had previously closed at $31.21, but opened at $29.67. Wilmar International shares last traded at $30.38, with a volume of 133,542 shares changing hands.
Wilmar International Trading Down 2.0%
The company has a current ratio of 1.12, a quick ratio of 0.67 and a debt-to-equity ratio of 0.29. The stock’s 50-day simple moving average is $28.62 and its 200 day simple moving average is $25.60.
About Wilmar International
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.