Shares of Shawcor Ltd. (OTCMKTS:SAWLF – Get Free Report) dropped 1.7% during mid-day trading on Wednesday . The stock traded as low as $12.19 and last traded at $12.21. Approximately 8,000 shares were traded during mid-day trading, a decline of 87% from the average daily volume of 59,944 shares. The stock had previously closed at $12.42.
Shawcor Price Performance
The company has a 50-day moving average of $12.26 and a 200-day moving average of $12.18.
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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