Corbion (OTCMKTS:CSNVY) Trading Up 12.2% – Here’s What Happened

Corbion (OTCMKTS:CSNVYGet Free Report)’s stock price traded up 12.2% during mid-day trading on Friday . The stock traded as high as $24.13 and last traded at $24.13. 124 shares changed hands during trading, a decline of 82% from the average session volume of 695 shares. The stock had previously closed at $21.50.

Corbion Price Performance

The business has a 50-day moving average of $21.33 and a 200 day moving average of $20.84.

Corbion Company Profile

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Corbion NV (OTCMKTS: CSNVY) is a global leader in sustainable food and biobased ingredients. Headquartered in Amsterdam, the company specializes in the development, production and sale of lactic acid and its derivatives, emulsifiers, enzymes and bio-preservation solutions. Corbion’s products are used to improve food quality and safety, extend shelf life, enhance nutritional value and support environmentally friendly materials.

The company’s core offerings include high-purity lactic acid, lactides for use in polylactic acid (PLA) bioplastics, and a range of specialty emulsifiers and enzymes for bakery, dairy, meat and plant-based applications.

Further Reading

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