Chemring Group (OTCMKTS:CMGMF) Shares Down 5.6% – Here’s What Happened

Shares of Chemring Group PLC (OTCMKTS:CMGMFGet Free Report) were down 5.6% during trading on Friday . The stock traded as low as C$6.24 and last traded at C$6.24. Approximately 3,127 shares traded hands during trading, a decline of 27% from the average daily volume of 4,297 shares. The stock had previously closed at C$6.61.

Chemring Group Stock Performance

The company’s 50-day moving average price is C$7.14 and its 200 day moving average price is C$6.93.

Chemring Group Company Profile

(Get Free Report)

Chemring Group PLC provides countermeasures, sensors, information, and energetic products in the United States, the United Kingdom, Europe, the Asia pacific, and internationally. The company offers sensors and information products, such as point chemical detector, sensor, JSLSCAD, and I-SCAD; miniature radar altimeter, R Visor, 3D radars, husky mounted detection system, groundshark, MDS-10, and groundhunters; resolve, locate, LOCATE-T, and viper products; and advisory, research, and design and engineering services.

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