Sino Agro Foods Inc (PINK:SIAF) has been serving a lower volatility than usual on the market. Throughout the whole month the stock has been moving in a trading range with close upper and lower border.
On the last trading session SIAF dropped down 2.90% to $0.67. With this move SIAF pressed on its support while during the intraday hours the stock even broke below this level for a while.
A couple of days ago SIAF issued a corporate update in which it provided additional details about its SAIC Filings. The company announced it was going yo make this filings public to shareholders upon request.
The was no sharp market reaction to this announcement so the stock kept floating in its narrow trading range.
There are no signs how long the company will keep this low volatility especially when technical indicators are also in a neutral stance at present.
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