MustGrow Biologics (OTC:MGROF) Stock Price Down 9.2% – Here’s Why

Shares of MustGrow Biologics Corp. (OTC:MGROFGet Free Report) were down 9.2% during trading on Thursday . The stock traded as low as C$1.38 and last traded at C$1.38. Approximately 899 shares changed hands during mid-day trading, a decline of 83% from the average daily volume of 5,373 shares. The stock had previously closed at C$1.52.

MustGrow Biologics Price Performance

The firm’s 50-day moving average is C$0.91 and its 200 day moving average is C$0.74.

About MustGrow Biologics

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MustGrow Biologics Corp., an agricultural biotechnology company, focuses on development and commercialization of natural biological technologies and products from mustard seeds. It provides Biocontrol technology platform to treat soil-borne diseases and pests for various crops, including fruit, vegetables, and others; treat unwanted plant growth for use in organic agriculture, and home and garden markets, as well as agriculture markets where glyphosate has been banned; and suppress sprouting, and treat disease and pathogen for storage and food preservation markets.

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