Shares of Lenzing Aktiengesellschaft (OTCMKTS:LNZNF – Get Free Report) dropped 18.9% during mid-day trading on Friday . The company traded as low as $30.71 and last traded at $30.71. Approximately 9 shares changed hands during mid-day trading, a decline of 97% from the average daily volume of 287 shares. The stock had previously closed at $37.89.
Lenzing Aktiengesellschaft Price Performance
The business’s 50 day moving average is $36.75 and its 200-day moving average is $36.12.
Lenzing Aktiengesellschaft Company Profile
Lenzing Aktiengesellschaft, together with its subsidiaries, produces and markets wood-based cellulosic fibers for the textile and nonwoven sectors, and industrial applications. The company operates through Division Fiber, Division Pulp, and Others segments. It offers lyocell and modal fibers for applications in textiles products, such as denim, activewear, and lingerie and underwear; hygiene articles, which include baby wipes, facial sheet masks, and surface cleaning; and protective wear, engineered products, and packaging products under the LENZING, TENCEL, VEOCEL, and LENZING ECOVERO brand names.
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