Shawcor (OTCMKTS:SAWLF) Trading 0.7% Higher – Still a Buy?

Shawcor Ltd. (OTCMKTS:SAWLFGet Free Report)’s share price traded up 0.7% during mid-day trading on Friday . The stock traded as high as $5.55 and last traded at $5.55. 10,105 shares traded hands during trading, a decline of 83% from the average session volume of 59,944 shares. The stock had previously closed at $5.5130.

Shawcor Stock Performance

The company’s 50-day simple moving average is $6.98 and its 200-day simple moving average is $7.84.

About Shawcor

(Get Free Report)

Shawcor Ltd., doing business as Mattr Infratech, operates as a material sciences company that serves the infrastructure, energy, and transportation markets worldwide. It operates through three segments: Composite Technologies, Connection Technologies, and Pipeline and Pipe Services. The Composite Technologies segment manufactures flexible composite that are used for oil and gas gathering, and other applications; fiberglass reinforced plastic underground storage tanks for the retail fuel, water and wastewater, and oil and gas markets.

Further Reading

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