Linamar (OTCMKTS:LIMAF) Shares Cross Below 200-Day Moving Average – Here’s What Happened

Linamar Co. (OTCMKTS:LIMAFGet Free Report) passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $45.90 and traded as low as $39.05. Linamar shares last traded at $39.38, with a volume of 33,734 shares traded.

Linamar Price Performance

The firm has a 50-day moving average price of $43.08 and a 200 day moving average price of $45.82.

About Linamar

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Linamar Corporation, together with its subsidiaries, produces engineered products in Canada, Europe, the Asia Pacific, and rest of North America. It operates through two segments, Mobility and Industrial. The Mobility segment focuses on light metal casting, forging, machining, and assembly for electrified and powered vehicle markets.

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