Evonik Industries (OTCMKTS:EVKIF) Shares Down 6.2% – Here’s What Happened

Evonik Industries AG (OTCMKTS:EVKIF) was down 6.2% on Monday . The company traded as low as $14.49 and last traded at $14.49. Approximately 500 shares traded hands during mid-day trading, a decline of 64% from the average daily volume of 1,388 shares. The stock had previously closed at $15.4450.

Evonik Industries Stock Down 6.2%

The business has a 50 day simple moving average of $16.63 and a two-hundred day simple moving average of $19.27.

About Evonik Industries

Evonik Industries AG produces specialty chemicals in the Asia-Pacific, Europe, the Middle East, Africa, Central and South America, and North America. It operates through Specialty Additives, Nutrition & Care, Smart Materials, Performance Materials, and Technology & Infrastructure segments. The Specialty Additives segment provides additives for polyurethane; additives, matting agents, fumed silicas, and specialty resins for paints, coatings, and printing inks; isophorone and epoxy curing agents for coatings, adhesives, and composites; and pour-point depressants, and viscosity index improvers for coatings for oil and other lubricants for construction machinery and automotive sector.