Wilmar International (OTCMKTS:WLMIY) Stock Crosses Above 50 Day Moving Average – Here’s Why

Wilmar International Ltd. (OTCMKTS:WLMIY)’s share price passed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $25.99 and traded as high as $28.10. Wilmar International shares last traded at $27.81, with a volume of 47,490 shares traded.

Wilmar International Trading Down 0.7%

The company has a 50-day moving average of $25.99 and a 200-day moving average of $24.32. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.76 and a current ratio of 1.16.

Wilmar International Company Profile

Wilmar International Limited is a leading global agribusiness group with a diversified portfolio spanning palm oil cultivation, edible oils, sugar, flour milling, and oilseed crushing. Headquartered in Singapore, the company engages in the processing, refining, marketing, and distribution of agricultural commodities, serving both consumer and industrial markets. Its core products include a wide range of edible oils, specialty fats, and oleochemicals used across the food, pharmaceutical, and personal care industries.

Founded in 1991 by Kuok Khoon Hong and a consortium of agricultural entrepreneurs, Wilmar International has grown through strategic acquisitions and joint ventures to establish a vertically integrated supply chain.