Scope Industries (OTCMKTS:SCPJ) Trading Up 7.3% – Time to Buy?

Scope Industries (OTCMKTS:SCPJGet Free Report) shot up 7.3% on Thursday . The company traded as high as $325.00 and last traded at $325.00. 160 shares traded hands during mid-day trading, an increase of 60% from the average session volume of 100 shares. The stock had previously closed at $303.00.

Scope Industries Price Performance

The stock’s 50 day moving average is $303.72 and its two-hundred day moving average is $308.44.

About Scope Industries

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Scope Industries offers waste material recycling services in the United States. It operates plants for the collection and processing of bakery waste materials into a food supplement for animals. The company sells this food supplement to poultry farms, dairies, feed lots, and pet food manufacturers. Scope Industries also owns and operates a plant in Vernon, California, where certain bakery waste material is processed and converted into edible breadcrumbs for human consumption.

Further Reading

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