Chemring Group PLC (OTC:CMGMF – Get Free Report) shares dropped 9.4% on Friday . The company traded as low as C$6.80 and last traded at C$6.80. Approximately 108 shares traded hands during mid-day trading, a decline of 25% from the average daily volume of 144 shares. The stock had previously closed at C$7.50.
Chemring Group Trading Down 9.4%
The firm has a fifty day simple moving average of C$6.64 and a 200-day simple moving average of C$7.10.
About Chemring Group
Chemring Group PLC provides countermeasures, sensors, information, and energetic products in the United States, the United Kingdom, Europe, the Asia pacific, and internationally. The company offers sensors and information products, such as point chemical detector, sensor, JSLSCAD, and I-SCAD; miniature radar altimeter, R Visor, 3D radars, husky mounted detection system, groundshark, MDS-10, and groundhunters; resolve, locate, LOCATE-T, and viper products; and advisory, research, and design and engineering services.
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