Shawcor (OTCMKTS:SAWLF) Shares Up 0.1% – Here’s Why

Shawcor Ltd. (OTCMKTS:SAWLFGet Free Report) shares were up 0.1% during trading on Monday . The company traded as high as $9.6970 and last traded at $9.61. Approximately 11,817 shares traded hands during trading, a decline of 80% from the average daily volume of 59,944 shares. The stock had previously closed at $9.5992.

Shawcor Price Performance

The company’s 50 day simple moving average is $8.77 and its two-hundred day simple moving average is $7.20.

Shawcor Company Profile

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Shawcor Ltd. is a global energy services company headquartered in Toronto, Canada, specializing in engineering, manufacturing and field services to the oil and gas industry. The company develops advanced products and technologies for the protection and performance of onshore and offshore pipelines, petrochemical facilities and industrial plants. Shawcor operates through two main segments—Pipeline & Pipe Services, which focuses on pipe coatings, field joint coatings, pipe repair and ongoing pipeline integrity maintenance, and Composite Systems, which offers high-performance composite pipe solutions under its FlexPipe® brand.

With a history spanning over a century, Shawcor has grown by innovation and strategic acquisitions to become a trusted partner for customers seeking to extend asset life and enhance operational safety.

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