Shares of Mersen S.A. (OTCMKTS:CBLNF – Get Free Report) traded down 24.2% during mid-day trading on Thursday . The stock traded as low as C$28.80 and last traded at C$28.80. 700 shares changed hands during trading, an increase of 192% from the average session volume of 240 shares. The stock had previously closed at C$38.00.
Mersen Stock Down 24.2 %
The stock has a 50-day simple moving average of C$38.00 and a 200 day simple moving average of C$37.75.
About Mersen
Mersen SA manufactures and sells electrical power products and advanced materials in France, North America, rest of Europe, the Asia-Pacific, and internationally. The company offers electrical protection and control products, such as IEC and UL/CSA low voltage general purpose fuses and fuse gears, high and medium voltage fuses, surge protection, lightning protection and power monitoring, and power transfer solutions for rail vehicles; and power management solutions, including high speed fuses, DC protection for electric vehicles and battery, cooling solutions, bus bars, and aluminum electrolytic and film capacitors.
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