Linamar (OTCMKTS:LIMAF) Stock Price Passes Below 200 Day Moving Average – Time to Sell?
by Kim Johansen · The Markets DailyLinamar Co. (OTCMKTS:LIMAF – Get Free Report)’s share price crossed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $48.48 and traded as low as $46.97. Linamar shares last traded at $46.97, with a volume of 6,096 shares changing hands.
Linamar Price Performance
The business’s fifty day simple moving average is $45.91 and its 200-day simple moving average is $48.48.
About Linamar
Linamar Corporation, together with its subsidiaries, produces engineered products in Canada, Europe, the Asia Pacific, and rest of North America. It operates through two segments, Mobility and Industrial. The Mobility segment focuses on light metal casting, forging, machining, and assembly for electrified and powered vehicle markets.
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