Shawcor (OTCMKTS:SAWLF) Trading Up 4.1% – What’s Next?

Shawcor Ltd. (OTCMKTS:SAWLFGet Free Report) traded up 4.1% on Friday . The stock traded as high as $7.70 and last traded at $7.65. 84,953 shares traded hands during trading, an increase of 42% from the average session volume of 59,944 shares. The stock had previously closed at $7.35.

Shawcor Stock Performance

The firm has a 50 day simple moving average of $7.64 and a two-hundred day simple moving average of $8.85.

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.

Further Reading

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