Shawcor (OTCMKTS:SAWLF) Trading 1.4% Higher – Should You Buy?

Shawcor Ltd. (OTCMKTS:SAWLFGet Free Report) shares were up 1.4% during trading on Thursday . The stock traded as high as $9.30 and last traded at $9.30. Approximately 811 shares were traded during trading, a decline of 99% from the average daily volume of 59,944 shares. The stock had previously closed at $9.17.

Shawcor Price Performance

The business’s 50-day moving average price is $11.04 and its two-hundred day moving average price is $11.89.

Shawcor Company Profile

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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.

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