Synthomer plc (OTCMKTS:SYHMY – Get Free Report)’s share price dropped 14.3% during mid-day trading on Thursday . The stock traded as low as $1.50 and last traded at $1.50. Approximately 2,500 shares traded hands during trading, a decline of 69% from the average daily volume of 8,191 shares. The stock had previously closed at $1.75.
Synthomer Trading Down 14.3%
The stock’s 50-day moving average is $1.74 and its 200-day moving average is $1.11.
About Synthomer
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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