Fletcher Building (OTCMKTS:FCREY) Shares Up 6.4% – Here’s Why

Fletcher Building Limited (OTCMKTS:FCREYGet Free Report) shares shot up 6.4% during trading on Tuesday . The stock traded as high as $3.16 and last traded at $3.16. 551 shares changed hands during trading, an increase of 16% from the average session volume of 475 shares. The stock had previously closed at $2.97.

Fletcher Building Price Performance

The firm’s 50 day simple moving average is $3.10 and its 200-day simple moving average is $3.56.

About Fletcher Building

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Fletcher Building Limited, together with its subsidiaries, manufactures and distributes building products in New Zealand, Australia, and internationally. It operates through Building Products, Distribution, Concrete, Residential and Development, Construction, and Australia segments. The Building Products segment manufactures, markets, and distributes building products used to build homes; and buildings and infrastructure, including insulations, plasterboards, laminate surfaces, and plastic and concrete piping for the commercial and residential markets.

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