Wilmar International (OTCMKTS:WLMIY) Sees Strong Trading Volume – Still a Buy?

Wilmar International Ltd. (OTCMKTS:WLMIY) shares saw unusually-high trading volume on Thursday . Approximately 49,924 shares changed hands during trading, an increase of 24% from the previous session’s volume of 40,108 shares.The stock last traded at $30.10 and had previously closed at $30.30.

Wilmar International Trading Down 0.8%

The stock’s 50 day moving average price is $29.65 and its two-hundred day moving average price is $29.11. The company has a quick ratio of 0.67, a current ratio of 1.12 and a debt-to-equity ratio of 0.29.

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.