SGL Carbon (OTCMKTS:SGLFF) Stock Price Down 7.2% – Here’s Why

SGL Carbon SE (OTCMKTS:SGLFFGet Free Report)’s stock price dropped 7.2% during trading on Thursday . The company traded as low as $4.01 and last traded at $4.01. Approximately 1,700 shares traded hands during mid-day trading, an increase of 51% from the average daily volume of 1,124 shares. The stock had previously closed at $4.33.

SGL Carbon Price Performance

The firm’s 50 day moving average price is $5.11 and its two-hundred day moving average price is $6.17.

About SGL Carbon

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SGL Carbon SE, together with its subsidiaries, engages in the manufacture and sale of special graphite, carbon fibers, and composite products in Germany, rest of Europe, the United States, China, rest of Asia, and internationally. The company operates in four segments: Graphite Solutions, Process Technology, Carbon Fibers, and Composite Solutions.

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