Chemring Group (OTC:CMGMF) Stock Price Down 11.2% – Here’s Why

Chemring Group PLC (OTC:CMGMFGet Free Report) fell 11.2% during trading on Monday . The stock traded as low as C$3.95 and last traded at C$3.95. 1,151 shares traded hands during trading, a decline of 66% from the average session volume of 3,367 shares. The stock had previously closed at C$4.45.

Chemring Group Stock Performance

The stock’s 50-day simple moving average is C$4.41 and its two-hundred day simple moving average is C$4.78.

About Chemring Group

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Chemring Group PLC provides countermeasures, sensors, information, and energetic products in the United States, the United Kingdom, Europe, the Asia pacific, and internationally. The company offers sensors and information products, such as point chemical detector, sensor, JSLSCAD, and I-SCAD; miniature radar altimeter, R Visor, 3D radars, husky mounted detection system, groundshark, MDS-10, and groundhunters; resolve, locate, LOCATE-T, and viper products; and advisory, research, and design and engineering services.

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