Minerva (OTCMKTS:MRVSY) Shares Down 6.2% – Here’s What Happened

Shares of Minerva S.A. (OTCMKTS:MRVSY) were down 6.2% during mid-day trading on Wednesday . The company traded as low as $3.9850 and last traded at $3.9850. Approximately 3,750 shares were traded during trading, a decline of 90% from the average daily volume of 38,465 shares. The stock had previously closed at $4.25.

Minerva Trading Down 6.2%

The business has a fifty day moving average price of $4.75 and a 200 day moving average price of $4.55.

About Minerva

Minerva SA produces and sells fresh meat, livestock, and by-products in South America and internationally. The company is also involved in slaughtering, deboning, and processing of cattle, meat, beef, and sheep meat; selling chilled, frozen, and processed meat, as well as beef, pork, and poultry products; exporting and selling live cattle; and breeding and selling live cattle, lambs, pigs, and other live animals. In addition, it trades in and sells electric power; trades in food products and carbon credits; sells third parties' brands primarily Swift products; and prepares products for animals, which include meat/bone meal, blood, and tallow.