Linamar Co. (OTCMKTS:LIMAF – Get Free Report) crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $42.97 and traded as low as $35.53. Linamar shares last traded at $37.12, with a volume of 24,691 shares.
Linamar Price Performance
The business’s 50-day moving average price is $39.36 and its two-hundred day moving average price is $42.97.
About Linamar
Linamar Corporation, together with its subsidiaries, produces engineered products in Canada, Europe, the Asia Pacific, and rest of North America. It operates through two segments, Mobility and Industrial. The Mobility segment focuses on light metal casting, forging, machining, and assembly for electrified and powered vehicle markets.
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