Ridley (OTCMKTS:RIDYF) Trading 26.9% Higher – Here’s What Happened

Ridley Co. Limited (OTCMKTS:RIDYFGet Free Report) rose 26.9% during mid-day trading on Thursday . The company traded as high as $1.70 and last traded at $1.70. Approximately 4,500 shares traded hands during trading, a decline of 47% from the average daily volume of 8,500 shares. The stock had previously closed at $1.34.

Ridley Price Performance

The company has a 50 day moving average of $1.35 and a 200 day moving average of $1.37.

Ridley Company Profile

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Ridley Corporation Limited, together with its subsidiaries, provides animal nutrition solutions in Australia. It operates through two segments, Packaged Feeds and Ingredients, and Bulk Stockfeeds. The company provides feeds for horses, chicken and poultry dairy cattle, beef cattle, sheep, goats, alpacas, llamas, kangaroos and wallabies, guinea pigs, rats, and mice; monogastric and ruminant commercial feeds; aquafeed for salmon, prawns, barramundi, yellowtail kingfish, and trout, as well as mulloway, silver perch, and other native species; and rendered poultry, red meat, and fish products.

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