Shares of OCI (OTCMKTS:OCINF – Get Free Report) crossed above its 50 day moving average during trading on Thursday. The stock has a 50 day moving average of $4.80 and traded as high as $4.84. OCI shares last traded at $4.84, with a volume of 1,000 shares.
OCI Trading Down 5.0%
The business’s fifty day moving average is $4.80 and its 200 day moving average is $4.45.
OCI Company Profile
OCI N.V. is a global producer and distributor of nitrogen-based fertilizers, methanol and other chemicals. Its products include ammonia, urea, melamine, methanol and ammonia-derived products used in agriculture, industrial manufacturing, transportation fuels and low-carbon energy applications.
The company serves customers across North America, Europe, the Middle East, Africa and other international markets through production facilities, logistics operations and distribution networks. OCI has also developed businesses focused on low-carbon ammonia and hydrogen-related solutions, reflecting the potential use of ammonia as an energy carrier and industrial decarbonization fuel.
OCI traces its origins to Orascom Construction Industries, an Egyptian industrial group founded by the Sawiris family.
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