Avantium (OTCMKTS:AVTXF – Get Free Report) shares were down 5.9% during trading on Thursday . The stock traded as low as C$6.83 and last traded at C$6.83. Approximately 500 shares changed hands during mid-day trading, an increase of 107% from the average session volume of 242 shares. The stock had previously closed at C$7.26.
Avantium Stock Performance
The company has a 50-day moving average of C$7.96 and a 200-day moving average of C$8.56.
About Avantium
Avantium N.V. is a Netherlands-based technology company specializing in the development and commercialization of renewable chemistry solutions. The company focuses on the design of catalytic processes to convert plant-based sugars into high-performance materials, chemicals and fuels. Its core offering revolves around proprietary technologies that address both material performance and environmental sustainability, targeting industries such as packaging, coatings and specialty chemicals.
A flagship product of Avantium is polyethylene furanoate (PEF), a 100% plant-based polymer designed to replace conventional polyethylene terephthalate (PET) in applications including bottles, films and fibers.
Further Reading
- Five stocks we like better than Avantium
- 3 Beaten-Down Stocks That Haven’t Gotten the Message About the S&P 500’s Record Run
- Darden Restaurants Just Hit a 52-Week High–Is the Olive Garden Comeback Story Legit?
- Flash in the Pan or Sustained Rally Contender? 3 Momentum Stocks to Watch
- MarketBeat Week in Review – 08/17 – 08/21
Receive News & Ratings for Avantium Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Avantium and related companies with MarketBeat.com's FREE daily email newsletter.
