Larsen & Toubro (OTCMKTS:LTOUF) Trading Down 2.7% – What’s Next?

Shares of Larsen & Toubro Limited (OTCMKTS:LTOUFGet Free Report) dropped 2.7% on Thursday . The stock traded as low as $36.00 and last traded at $36.00. Approximately 298 shares traded hands during mid-day trading, an increase of 80% from the average daily volume of 166 shares. The stock had previously closed at $37.00.

Larsen & Toubro Stock Performance

The stock has a 50-day moving average price of $40.41 and a 200-day moving average price of $43.56.

Larsen & Toubro Company Profile

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Larsen & Toubro Limited engages in engineering, construction, and manufacturing operations worldwide. The Infrastructure segment engineers and constructs building and factories, transportation infrastructure, heavy civil infrastructure, power transmission and distribution, water and effluent treatment, and minerals, and metals.

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