Bontex (OTCMKTS:BOTX) Stock Price Down 6.3% – What’s Next?

Bontex Inc. (OTCMKTS:BOTX)’s share price dropped 6.3% on Wednesday. The company traded as low as $0.30 and last traded at $0.30. 8,016 shares traded hands during mid-day trading, an increase of 783% from the average session volume of 908 shares. The stock had previously closed at $0.32.

Bontex Trading Down 6.3%

The business has a 50-day moving average of $0.17 and a two-hundred day moving average of $0.13.

Bontex Company Profile

Bontex Inc manufactures and supplies specialty composite materials to customers worldwide. It offers cellulose board and light gauge products comprising cellulose fibers for products, such as visors, brims, and size bands for headwear, as well as insoles for footwear products; and treated elastomeric wet web impregnated substrates to resist mold type growth that causes odor in luggage. The company also provides non woven boards; and Strobel products. Its cellulose board and light gauge products are PVC, PU, or special size coated as per custom needs.