Sime Darby Plantation Berhad (OTCMKTS:SDPNF) Trading 25% Higher – Still a Buy?

Sime Darby Plantation Berhad (OTCMKTS:SDPNFGet Free Report) shares were up 25% during mid-day trading on Thursday . The stock traded as high as $1.00 and last traded at $1.00. Approximately 200 shares traded hands during trading, a decline of 83% from the average daily volume of 1,150 shares. The stock had previously closed at $0.80.

Sime Darby Plantation Berhad Stock Performance

The business’s fifty day moving average price is $0.81 and its 200-day moving average price is $0.84.

Sime Darby Plantation Berhad Company Profile

(Get Free Report)

Sime Darby Plantation Berhad, an investment holding company, operates as an integrated plantations company in Malaysia and internationally. The company operates through Upstream Malaysia, Upstream Indonesia, Upstream Papua New Guinea and Solomon Islands, Downstream, and Other Operations segments. It is involved in the development, cultivation, and management of oil palm, rubber, coconut, and sugarcane plantation estates; milling of fresh fruit bunches into crude palm oil and palm kernel; and cattle rearing and beef production activities.

Featured Stories

Receive News & Ratings for Sime Darby Plantation Berhad Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sime Darby Plantation Berhad and related companies with MarketBeat.com's FREE daily email newsletter.