Shawcor (OTCMKTS:SAWLF) Trading Up 2.7% – Still a Buy?

Shares of Shawcor Ltd. (OTCMKTS:SAWLFGet Free Report) were up 2.7% during trading on Tuesday . The company traded as high as $8.99 and last traded at $8.99. Approximately 12,750 shares changed hands during trading, a decline of 79% from the average daily volume of 59,944 shares. The stock had previously closed at $8.75.

Shawcor Price Performance

The stock’s 50-day moving average price is $10.07 and its two-hundred day moving average price is $11.36.

Shawcor Company Profile

(Get Free Report)

Shawcor Ltd., doing business as Mattr Infratech, operates as a material sciences company that serves the infrastructure, energy, and transportation markets worldwide. It operates through three segments: Composite Technologies, Connection Technologies, and Pipeline and Pipe Services. The Composite Technologies segment manufactures flexible composite that are used for oil and gas gathering, and other applications; fiberglass reinforced plastic underground storage tanks for the retail fuel, water and wastewater, and oil and gas markets.

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