Decker Manufacturing (OTCMKTS:DMFG) Trading Down 30.6% – Here’s Why

Decker Manufacturing Co. (OTCMKTS:DMFGGet Free Report) dropped 30.6% during mid-day trading on Monday . The company traded as low as $50.00 and last traded at $50.00. Approximately 158 shares were traded during trading, a decline of 64% from the average daily volume of 440 shares. The stock had previously closed at $72.00.

Decker Manufacturing Stock Performance

The firm has a 50-day moving average price of $61.06 and a two-hundred day moving average price of $52.16.

About Decker Manufacturing

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Decker Manufacturing Corporation manufactures hex nuts, weld nuts, pipe plugs, and other industrial fasteners to the automotive, agricultural, farm implement, heavy duty equipment, and construction industries. The company offers weld fasteners, nut/washer assemblies, wheel nuts, locknuts, flange nuts, and pipe/drain plugs for passenger car and truck assembly applications, powertrains, transmissions, and chassis; hex, tower, guard rail, and culvert nuts for highways, signage, bridges, and building constructions; internal engine, hitch, and trailer fasteners; and seat belts and guard rails for safety market applications.

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