Shawcor (OTCMKTS:SAWLF) Shares Down 1.8% – What’s Next?

Shawcor Ltd. (OTCMKTS:SAWLFGet Free Report)’s share price dropped 1.8% during mid-day trading on Tuesday . The company traded as low as $9.26 and last traded at $9.26. Approximately 18,408 shares traded hands during trading, a decline of 69% from the average daily volume of 59,944 shares. The stock had previously closed at $9.43.

Shawcor Stock Performance

The business has a 50 day moving average price of $9.85 and a 200-day moving average price of $11.15.

Shawcor Company Profile

(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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