Shawcor (OTCMKTS:SAWLF) Shares Down 1% – What’s Next?

Shawcor Ltd. (OTCMKTS:SAWLFGet Free Report)’s share price dropped 1% on Friday . The company traded as low as $6.88 and last traded at $6.88. Approximately 11,718 shares traded hands during mid-day trading, a decline of 80% from the average daily volume of 59,944 shares. The stock had previously closed at $6.95.

Shawcor Stock Up 3.0 %

The firm’s 50-day moving average is $7.13 and its two-hundred day moving average is $8.39.

About Shawcor

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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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