Shares of PETRONAS Chemicals Group Berhad (OTCMKTS:PECGF – Get Free Report) dropped 39.3% during trading on Thursday . The company traded as low as $0.87 and last traded at $0.87. Approximately 140 shares were traded during mid-day trading, a decline of 77% from the average daily volume of 600 shares. The stock had previously closed at $1.44.
PETRONAS Chemicals Group Berhad Price Performance
The stock’s 50 day moving average price is $0.93 and its 200 day moving average price is $0.93.
About PETRONAS Chemicals Group Berhad
PETRONAS Chemicals Group Berhad, an investment holding company, engages in production and sale of chemicals. The company operates through Olefins and Derivatives, Fertilisers and Methanol, Specialties, and Other segments. It offers polymers comprising HDPE blown films, blow moulding, and pipes; linear low density polyethylene; and homopolymer, copolymer, and terpolymer; and PETRONAS Wellbore, PETRONAS Rig, and PETRONAS Tank solutions.
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