Chemring Group (OTC:CMGMF) Shares Up 4.3% – Time to Buy?

Chemring Group PLC (OTC:CMGMFGet Free Report)’s share price was up 4.3% during mid-day trading on Wednesday . The stock traded as high as C$4.85 and last traded at C$4.85. Approximately 400 shares changed hands during mid-day trading, a decline of 95% from the average daily volume of 7,750 shares. The stock had previously closed at C$4.65.

Chemring Group Price Performance

The stock’s 50-day moving average is C$4.69 and its 200 day moving average is C$4.72.

Chemring Group Company Profile

(Get Free Report)

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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