Colt CZ Group (OTC:CZGZF) Shares Down 3.2% – Here’s Why

Colt CZ Group SE (OTC:CZGZF)’s share price was down 3.2% during mid-day trading on Thursday . The company traded as low as C$43.85 and last traded at C$43.85. Approximately 175 shares changed hands during mid-day trading, a decline of 43% from the average daily volume of 308 shares. The stock had previously closed at C$45.30.

Colt CZ Group Stock Performance

The company’s fifty day moving average is C$38.14 and its 200 day moving average is C$36.31.

Colt CZ Group Company Profile

Colt CZ Group SE, together with its subsidiaries, engages in the production, purchase, and sale of firearms, ammunition products, and tactical accessories in the Czech Republic, Canada the United States, rest of Europe, Africa, Asia, and internationally. Its firearms include pistols, revolvers, rifles, submachine guns, grenade launchers, sniper rifles, and centrefire rifles; and components for firearms comprising sights, triggers, stocks, grips, and spare parts. The company offers tactical and ballistic equipment, such as ballistic vests, helmets and other protection products, combat uniforms, and backpacks, as well as firearms accessories consisting of handgun holsters, and magazine pouches.