Shares of Shawcor Ltd. (OTCMKTS:SAWLF – Get Free Report) dropped 3.3% during mid-day trading on Monday . The company traded as low as $7.12 and last traded at $7.12. Approximately 27,340 shares traded hands during mid-day trading, a decline of 54% from the average daily volume of 59,944 shares. The stock had previously closed at $7.37.
Shawcor Stock Down 3.3%
The stock’s fifty day moving average price is $7.13 and its 200-day moving average price is $8.21.
About Shawcor
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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