Avantium (OTCMKTS:AVTXF) Shares Down 3.5% – Here’s What Happened

Avantium (OTCMKTS:AVTXFGet Free Report) was down 3.5% during mid-day trading on Friday . The stock traded as low as C$1.64 and last traded at C$1.64. Approximately 250 shares changed hands during trading, a decline of 81% from the average daily volume of 1,286 shares. The stock had previously closed at C$1.70.

Avantium Stock Performance

The business’s 50 day simple moving average is C$1.82 and its 200 day simple moving average is C$2.13.

Avantium Company Profile

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Avantium N.V., a chemical technology company, develops and commercializes renewable chemistry solutions in the Netherlands. The company operates through three segments: Avantium R&D Solutions, Avantium Renewable Chemistries, and Avantium Renewable Polymers. It offers furandicarboxylic acid, a building block for polyethylene furanoate (PEF); and PEF, a plant-based recyclable plastic for use as packaging material.

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