Linamar (OTCMKTS:LIMAF) Stock Passes Below 200-Day Moving Average – Here’s What Happened

Linamar Co. (OTCMKTS:LIMAFGet Free Report)’s stock price crossed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $41.75 and traded as low as $36.82. Linamar shares last traded at $36.95, with a volume of 20,076 shares.

Linamar Price Performance

The business has a 50-day moving average price of $37.87 and a two-hundred day moving average price of $41.68.

Linamar Company Profile

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Linamar Corporation, together with its subsidiaries, produces engineered products in Canada, Europe, the Asia Pacific, and rest of North America. It operates through two segments, Mobility and Industrial. The Mobility segment focuses on light metal casting, forging, machining, and assembly for electrified and powered vehicle markets.

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