Rockwool A/S (OTCMKTS:RKWBF – Get Free Report)’s share price dropped 9.9% during mid-day trading on Thursday. The company traded as low as $30.20 and last traded at $30.20. Approximately 250 shares changed hands during mid-day trading, a decline of 60% from the average daily volume of 619 shares. The stock had previously closed at $33.50.
Rockwool A/S Price Performance
The company’s fifty day moving average price is $31.57 and its 200 day moving average price is $30.37.
Rockwool A/S Company Profile
Rockwool A/S, also known as the ROCKWOOL Group, is a Denmark-based manufacturer of stone wool and related building products. The company’s products are designed to improve thermal insulation, fire protection, sound absorption, moisture management and energy efficiency in residential, commercial and industrial buildings.
Its portfolio includes insulation for walls, roofs, floors, facades, HVAC systems and industrial applications. Through brands and specialized businesses such as Rockfon, Rockpanel, Grodan and Lapinus, the group also supplies acoustic ceiling and wall systems, stone wool-based facade products, horticultural growing media and engineered fiber solutions.
The company traces its origins to 1909 and has developed into an international building-materials supplier serving customers across Europe, North America and Asia.
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