Rockwool A/S (OTCMKTS:RKWAF) Trading Down 8.3% – Here’s What Happened

Rockwool A/S (OTCMKTS:RKWAF)’s share price dropped 8.3% during trading on Wednesday . The company traded as low as $347.00 and last traded at $347.00. Approximately 3 shares changed hands during mid-day trading, The stock had previously closed at $378.59.

Rockwool A/S Stock Performance

The business has a 50 day moving average of $377.96 and a 200-day moving average of $378.37.

Rockwool A/S Company Profile

Rockwool A/S manufactures and sells stone wool insulations in Western Europe, Eastern Europe, North America, Asia, and internationally. The company operates through two segments, Insulation and Systems segments. It offers fire-safe stone wool insulation under the ROCKWOOL brand name; acoustic solutions for ceilings and walls under the Rockfon brand name; board materials that are applied in ventilated constructions for facade cladding, roof detailing, soffits, and fascia under the Rockpanel brand name; stone wool growing media and technology solutions for the horticulture industry under the Grodan brand name; and stone wool-based products used in automotive, urban acoustics, residential prefab construction, OEM, and urban climate adaptation applications under the Lapinus brand name.