Shawcor (OTCMKTS:SAWLF) Stock Jumps 0.8% – Here’s Why

Shawcor Ltd. (OTCMKTS:SAWLF – Get Free Report) shares traded up 0.8% during trading on Thursday. The company traded as high as $15.4580 and last traded at $15.4580. 31,926 shares traded hands during mid-day trading, a decline of 47% from the average daily volume of 59,944 shares. The stock had previously closed at $15.3294.

Shawcor Stock Performance

The company has a 50 day moving average of $13.93 and a 200 day moving average of $10.49.

Shawcor Company Profile

(Get Free Report)

Shawcor Ltd. was a Canadian industrial technology company that provided engineered products and services for the energy, infrastructure and transportation markets. Its activities included pipeline coatings and related technologies designed to protect pipelines from corrosion, improve flow efficiency and support offshore and onshore oil and gas infrastructure.

The company also developed composite materials and specialized connection technologies used in applications such as electrical and telecommunications infrastructure, industrial equipment, transportation systems and other demanding environments.

Further Reading

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