Ontex Group (OTCMKTS:ONXXF) Shares Down 18.5% – Here’s Why

Ontex Group NV (OTCMKTS:ONXXF – Get Free Report) shares fell 18.5% during trading on Monday. The stock traded as low as $1.9719 and last traded at $1.9719. 1,680 shares traded hands during mid-day trading, an increase of 111% from the average daily volume of 795 shares. The stock had previously closed at $2.42.

Ontex Group Price Performance

The company’s 50 day moving average is $2.62 and its 200-day moving average is $3.26.

About Ontex Group

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Ontex Group is a Belgium-based personal hygiene company that develops, manufactures and markets disposable care products for consumers and institutional customers. The company primarily supplies private-label products to retailers, while also selling selected products under its own brands.

Its product portfolio includes baby care products such as diapers and training pants, feminine care products including sanitary pads and panty liners, and adult care products such as incontinence briefs, pads and protective underwear.

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