Lenzing Aktiengesellschaft (OTCMKTS:LNZNF – Get Free Report)’s share price dropped 14.5% during trading on Monday . The company traded as low as $25.12 and last traded at $25.69. Approximately 897 shares were traded during trading, an increase of 197% from the average daily volume of 302 shares. The stock had previously closed at $30.06.
Lenzing Aktiengesellschaft Trading Down 14.5 %
The firm has a 50-day moving average of $30.94 and a two-hundred day moving average of $34.09.
Lenzing Aktiengesellschaft Company Profile
Lenzing Aktiengesellschaft, together with its subsidiaries, produces and markets wood-based cellulosic fibers for the textile and nonwoven sectors, and industrial applications. The company operates through Division Fiber, Division Pulp, and Others segments. It offers lyocell and modal fibers for applications in textiles products, such as denim, activewear, and lingerie and underwear; hygiene articles, which include baby wipes, facial sheet masks, and surface cleaning; and protective wear, engineered products, and packaging products under the LENZING, TENCEL, VEOCEL, and LENZING ECOVERO brand names.
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