Shawcor (OTCMKTS:SAWLF) Stock Price Down 2% – What’s Next?

Shares of Shawcor Ltd. (OTCMKTS:SAWLFGet Free Report) traded down 2% during mid-day trading on Tuesday . The company traded as low as $9.24 and last traded at $9.24. 15,078 shares changed hands during mid-day trading, a decline of 75% from the average session volume of 59,944 shares. The stock had previously closed at $9.43.

Shawcor Price Performance

The company has a 50-day moving average price of $9.53 and a 200 day moving average price of $10.86.

About Shawcor

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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.

Further Reading

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