Shawcor (OTCMKTS:SAWLF) Stock Price Up 2.7% – Time to Buy?

by · The Cerbat Gem

Shawcor Ltd. (OTCMKTS:SAWLFGet Free Report)’s share price was up 2.7% on Tuesday . The stock traded as high as $8.99 and last traded at $8.99. Approximately 12,750 shares changed hands during mid-day trading, a decline of 79% from the average daily volume of 59,944 shares. The stock had previously closed at $8.75.

Shawcor Price Performance

The company has a fifty day moving average price of $10.12 and a two-hundred day moving average price of $11.37.

Shawcor Company Profile

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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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