Farmmi, Inc. (NASDAQ:FAMI – Get Free Report) shares shot up 7.2% on Friday . The stock traded as high as $0.28 and last traded at $0.26. 596,222 shares traded hands during mid-day trading, a decline of 87% from the average session volume of 4,539,787 shares. The stock had previously closed at $0.24.
Farmmi Price Performance
The company has a quick ratio of 15.55, a current ratio of 16.10 and a debt-to-equity ratio of 0.01. The company’s fifty day moving average price is $0.29 and its 200-day moving average price is $0.33.
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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