Shares of Shawcor Ltd. (OTCMKTS:SAWLF – Get Free Report) dropped 4.3% on Wednesday . The stock traded as low as $12.74 and last traded at $12.74. Approximately 2,000 shares changed hands during trading, a decline of 97% from the average daily volume of 59,944 shares. The stock had previously closed at $13.31.
Shawcor Price Performance
The company’s 50-day moving average price is $12.05 and its two-hundred day moving average price is $11.42.
Shawcor Company Profile
Shawcor Ltd., doing business as Mattr Infratech, operates as a material sciences company that serves the infrastructure, energy, and transportation markets worldwide. It operates through three segments: Composite Technologies, Connection Technologies, and Pipeline and Pipe Services. The Composite Technologies segment manufactures flexible composite that are used for oil and gas gathering, and other applications; fiberglass reinforced plastic underground storage tanks for the retail fuel, water and wastewater, and oil and gas markets.
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