Chemring Group PLC (OTCMKTS:CMGMF – Get Free Report) dropped 8.6% during mid-day trading on Thursday . The company traded as low as C$7.20 and last traded at C$7.20. Approximately 138 shares traded hands during mid-day trading, a decline of 96% from the average daily volume of 3,293 shares. The stock had previously closed at C$7.88.
Chemring Group Price Performance
The company’s 50 day simple moving average is C$7.79 and its two-hundred day simple moving average is C$7.26.
About Chemring Group
Chemring Group PLC provides countermeasures, sensors, information, and energetic products in the United States, the United Kingdom, Europe, the Asia pacific, and internationally. The company offers sensors and information products, such as point chemical detector, sensor, JSLSCAD, and I-SCAD; miniature radar altimeter, R Visor, 3D radars, husky mounted detection system, groundshark, MDS-10, and groundhunters; resolve, locate, LOCATE-T, and viper products; and advisory, research, and design and engineering services.
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