Eregli Demir ve Çelik Fabrikalari T.A.S. (OTCMKTS:ERELY – Get Free Report) shares rose 14.4% during mid-day trading on Monday . The stock traded as high as $8.30 and last traded at $6.88. Approximately 440 shares traded hands during mid-day trading, an increase of 32% from the average daily volume of 333 shares. The stock had previously closed at $6.0120.
Eregli Demir ve Çelik Fabrikalari T.A.S. Price Performance
The firm’s 50 day simple moving average is $6.56 and its 200-day simple moving average is $6.17.
About Eregli Demir ve Çelik Fabrikalari T.A.S.
Eregli Demir ve Çelik Fabrikalari T.A.S., together with its subsidiaries, produces and sells iron and steel rolled products, alloyed and non-alloyed iron, steel and pig iron castings, cast and pressed products, coke, and by-products in Turkey and internationally. Its flat products include hot rolled flat steel products, cold-rolled flat steel products, and galvanized/galvanealed flat steel products; and tin/chrome coated flat steel products used in metal packaging industry. The company also provides various byproducts, including motor benzole, pure benzole, toluol, xylol, crude tar, ammonium sulphate, iron sulphate, and granulated high furnace slag.
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