Shawcor (OTCMKTS:SAWLF) Stock Price Down 3.2% – Time to Sell?

Shawcor Ltd. (OTCMKTS:SAWLFGet Free Report)’s share price fell 3.2% during mid-day trading on Friday . The company traded as low as $8.76 and last traded at $8.76. 16,327 shares changed hands during trading, a decline of 73% from the average session volume of 59,944 shares. The stock had previously closed at $9.05.

Shawcor Stock Performance

The stock’s 50 day simple moving average is $8.79 and its 200-day simple moving average is $7.82.

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.

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