Orora (OTCMKTS:ORRAF) Trading Down 12.1% – Here’s What Happened

Orora Limited (OTCMKTS:ORRAF)’s stock price fell 12.1% during mid-day trading on Friday . The company traded as low as $1.45 and last traded at $1.45. 47,900 shares traded hands during mid-day trading, an increase of 1,930% from the average session volume of 2,360 shares. The stock had previously closed at $1.65.

Orora Trading Down 12.1 %

The company has a 50 day moving average price of $1.65 and a 200 day moving average price of $1.49.

About Orora

Orora Limited designs, manufactures, and supplies packaging products and services to the grocery, fast moving consumer goods, and industrial markets in Australia, New Zealand, the United States, and internationally. The company operates through Orora Australasia and Orora North America segments. It also provides glass bottles, aluminum cans, tabs, and ends, closures and caps, boxes and cartons, point-of-purchase displays, packaging equipment, rigid and flexible packaging, and general packaging materials and supplies.