A2 Milk Company Ltd (ASX:A2M)’s share price rose 1.3% on Wednesday . The stock traded as high as A$14.64 ($10.38) and last traded at A$14.58 ($10.34), approximately 2,912,794 shares changed hands during trading. The stock had previously closed at A$14.40 ($10.21).
The firm has a 50-day simple moving average of A$12.93 and a two-hundred day simple moving average of A$13.98. The company has a market cap of $10.72 billion and a PE ratio of 81.00.
About A2 Milk (ASX:A2M)
The a2 Milk Company Limited, together with its subsidiaries, commercializes A1 protein free branded milk and related products in Australia, New Zealand, China, other Asian countries, the United Kingdom, and the United States. The company offers fresh milk under the a2 Milk brand; and infant formula under the a2 Platinum brand.
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