Bontex Inc. (OTCMKTS:BOTX – Get Free Report) shares rose 2,400% during mid-day trading on Monday . The stock traded as high as $0.30 and last traded at $0.25. Approximately 2,227 shares traded hands during trading, a decline of 80% from the average daily volume of 11,017 shares. The stock had previously closed at $0.01.
Bontex Stock Performance
The firm’s 50 day simple moving average is $0.02 and its 200-day simple moving average is $0.01.
About Bontex
Bontex Inc manufactures and supplies specialty composite materials to customers worldwide. It offers cellulose board and light gauge products comprising cellulose fibers for products, such as visors, brims, and size bands for headwear, as well as insoles for footwear products; and treated elastomeric wet web impregnated substrates to resist mold type growth that causes odor in luggage. The company also provides non woven boards; and Strobel products. Its cellulose board and light gauge products are PVC, PU, or special size coated as per custom needs.
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