Farmmi (NASDAQ:FAMI) Trading Down 6.7% – Time to Sell?

Farmmi, Inc. (NASDAQ:FAMIGet Free Report)’s share price fell 6.7% on Thursday . The stock traded as low as $0.27 and last traded at $0.28. 253,770 shares were traded during mid-day trading, a decline of 60% from the average session volume of 628,774 shares. The stock had previously closed at $0.30.

Farmmi Stock Down 6.7 %

The firm’s 50 day simple moving average is $0.30 and its two-hundred day simple moving average is $0.46.

About Farmmi

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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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