Mersen (OTCMKTS:CBLNF) Trading Down 2% – Time to Sell?

Mersen S.A. (OTCMKTS:CBLNFGet Free Report)’s stock price dropped 2% during mid-day trading on Tuesday . The company traded as low as C$20.78 and last traded at C$20.78. Approximately 300 shares were traded during trading, a decline of 13% from the average daily volume of 344 shares. The stock had previously closed at C$21.20.

Mersen Stock Performance

The company’s 50-day moving average price is C$21.26 and its 200-day moving average price is C$30.29.

About Mersen

(Get Free Report)

Mersen SA manufactures and sells electrical power products and advanced materials in France, North America, rest of Europe, the Asia-Pacific, and internationally. The company offers electrical protection and control products, such as IEC and UL/CSA low voltage general purpose fuses and fuse gears, high and medium voltage fuses, surge protection, lightning protection and power monitoring, and power transfer solutions for rail vehicles; and power management solutions, including high speed fuses, DC protection for electric vehicles and battery, cooling solutions, bus bars, and aluminum electrolytic and film capacitors.

Featured Stories

Receive News & Ratings for Mersen Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Mersen and related companies with MarketBeat.com's FREE daily email newsletter.