Shawcor (OTCMKTS:SAWLF) Trading Down 2% – Here’s Why

Shawcor Ltd. (OTCMKTS:SAWLFGet Free Report)’s share price was down 2% during mid-day trading on Tuesday . The stock traded as low as $9.24 and last traded at $9.24. Approximately 15,078 shares were traded during trading, a decline of 75% from the average daily volume of 59,944 shares. The stock had previously closed at $9.43.

Shawcor Stock Down 2.0 %

The firm’s 50 day moving average price is $9.53 and its two-hundred day moving average price is $10.89.

About Shawcor

(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.

Recommended Stories

Receive News & Ratings for Shawcor Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Shawcor and related companies with MarketBeat.com's FREE daily email newsletter.