Sime Darby Plantation Berhad (OTCMKTS:SDPNF) Stock Price Up 25% – Here’s Why

Sime Darby Plantation Berhad (OTCMKTS:SDPNFGet Free Report)’s share price was up 25% during trading on Thursday . The company traded as high as $1.00 and last traded at $1.00. Approximately 200 shares traded hands during mid-day 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 50-day moving average is $0.80 and its two-hundred day moving average is $0.84.

About Sime Darby Plantation Berhad

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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.

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