Graincorp (OTCMKTS:GRCLF) Stock Price Down 6.5%

Graincorp Ltd (OTCMKTS:GRCLF)’s share price dropped 6.5% on Thursday . The company traded as low as $5.17 and last traded at $5.20, approximately 5,691 shares changed hands during mid-day trading. An increase of 65% from the average daily volume of 3,457 shares. The stock had previously closed at $5.56.

The company’s 50 day simple moving average is $5.39 and its 200-day simple moving average is $5.52.

About Graincorp (OTCMKTS:GRCLF)

GrainCorp Limited operates as a food ingredients and agribusiness company in Australasia, Asia, North America, Europe, the Middle East, North Africa, and internationally. The company operates in three segments: Grains, Malt, and Oils. The Grains segment receives, transports, tests, stores, and exports/imports grains comprising wheat, barley, canola, and sorghum, as well as other bulk commodities.

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