Linamar (OTCMKTS:LIMAF) Shares Pass Below 200 Day Moving Average – Time to Sell?
by Kim Johansen · The Markets DailyLinamar Co. (OTCMKTS:LIMAF – Get Free Report) passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $40.03 and traded as low as $33.75. Linamar shares last traded at $33.75, with a volume of 2,483 shares trading hands.
Linamar Stock Up 3.0 %
The firm’s fifty day moving average is $35.67 and its 200-day moving average is $39.95.
About Linamar
Linamar Corporation, together with its subsidiaries, produces engineered products in Canada, Europe, the Asia Pacific, and rest of North America. It operates through two segments, Mobility and Industrial. The Mobility segment focuses on light metal casting, forging, machining, and assembly for electrified and powered vehicle markets.
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