Nufarm (OTCMKTS:NUFMF) Trading Down 12.7% – Here’s What Happened

Nufarm Limited (OTCMKTS:NUFMF) shares were down 12.7% during trading on Monday . The company traded as low as $2.2250 and last traded at $2.2250. Approximately 850 shares were traded during trading, a decline of 86% from the average daily volume of 6,102 shares. The stock had previously closed at $2.55.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on the stock. Jefferies Financial Group upgraded shares of Nufarm to a “buy” rating in a research report on Wednesday, May 27th. Royal Bank Of Canada upgraded shares of Nufarm to an “outperform” rating in a report on Wednesday, May 27th. Two analysts have rated the stock with a Buy rating, According to MarketBeat.com, the stock has a consensus rating of “Buy”.

Nufarm Stock Performance

The stock has a 50 day moving average price of $2.03 and a two-hundred day moving average price of $1.82.

Nufarm Company Profile

Nufarm Limited (OTCMKTS: NUFMF) is a global crop protection company headquartered in Melbourne, Australia, specializing in the development, manufacturing and distribution of agricultural chemicals. The company’s core product lineup includes herbicides, insecticides, fungicides and plant growth regulators designed to enhance crop yields and protect against a wide range of agronomic challenges. Nufarm serves a broad customer base of farmers, distributors and retailers, providing tailored solutions across diverse crop types and growing conditions.

With a strategic focus on innovation, Nufarm invests in research and development to advance new active ingredients and formulations that address evolving pest resistance and environmental sustainability.