Farmmi (NASDAQ:FAMI) Stock Price Up 8.8% – What’s Next?

Farmmi, Inc. (NASDAQ:FAMIGet Free Report)’s share price shot up 8.8% during mid-day trading on Tuesday . The company traded as high as $0.36 and last traded at $0.35. 1,181,817 shares traded hands during mid-day trading, an increase of 121% from the average session volume of 535,872 shares. The stock had previously closed at $0.33.

Farmmi Trading Down 8.1 %

The company’s fifty day simple moving average is $0.29 and its 200 day simple moving average is $0.37.

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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