Shares of Farmmi, Inc. (NASDAQ:FAMI – Get Free Report) were down 6.7% during mid-day trading on Thursday . The company traded as low as $0.27 and last traded at $0.28. Approximately 253,770 shares changed hands during trading, a decline of 60% from the average daily volume of 628,774 shares. The stock had previously closed at $0.30.
Farmmi Stock Performance
The company has a 50 day simple moving average of $0.30 and a 200 day simple moving average of $0.45.
Farmmi Company Profile
Farmmi, Inc, through its subsidiaries, engages in processing and sale of agricultural products in China, the United States, Japan, Canada, Europe, Korea, and the Middle East. The company offers Shiitake mushrooms, Mu Er mushrooms, and other edible fungi, such as bamboo fungi, agrocybe aegerila, pleurotus eryngii, grifola frondose, coprinus comatus, and hericium erinaceus, as well as dried edible fungi.
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