Synthomer (OTCMKTS:SYHMY) Shares Down 11.2% – Here’s Why

Synthomer plc (OTCMKTS:SYHMYGet Free Report)’s share price traded down 11.2% during mid-day trading on Friday . The stock traded as low as $1.5545 and last traded at $1.5545. 1,000 shares changed hands during trading, a decline of 87% from the average daily volume of 7,943 shares. The stock had previously closed at $1.75.

Synthomer Trading Down 11.2%

The business’s fifty day moving average price is $1.59 and its 200 day moving average price is $1.29.

Synthomer Company Profile

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Synthomer plc (OTCMKTS:SYHMY) is a global specialty polymer company headquartered in the United Kingdom. The company develops, manufactures and supplies a broad range of water-based polymer solutions to customers in industries such as adhesives, coatings, construction, textiles and personal care. With production sites across Europe, Asia and the Americas, Synthomer serves multinational and regional clients seeking high-performance emulsions, dispersions, polymer powders and functional additives.

The company’s product portfolio includes acrylic and styrene-butadiene latexes, vinyl emulsions, acrylic polymer powders and specialty additives designed to enhance product performance in end-use applications.

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