Dowlais Group (OTCMKTS:DWLAF) Trading Down 20.2%

Dowlais Group plc (OTCMKTS:DWLAFGet Free Report)’s share price dropped 20.2% during mid-day trading on Monday . The company traded as low as $0.95 and last traded at $0.95. Approximately 53,095 shares traded hands during mid-day trading, an increase of 198% from the average daily volume of 17,799 shares. The stock had previously closed at $1.19.

Dowlais Group Price Performance

The business has a 50-day simple moving average of $1.22 and a 200 day simple moving average of $1.24.

Dowlais Group Company Profile

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Dowlais Group Plc manufactures and sells automotive parts in the Americas, Europe, and Asia. The company engages in developing, manufacturing, and supplying automotive drive systems for conventional and electric vehicles. It manufactures sideshafts, propshafts, and constant velocity joints for passenger vehicles; and AWD systems and eDrive systems, as well as provides component solutions to systems, including control software.

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