Linamar (OTCMKTS:LIMAF) Shares Cross Below Two Hundred Day Moving Average – Here’s Why

Linamar Co. (OTCMKTS:LIMAFGet Free Report)’s share price crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $40.03 and traded as low as $33.75. Linamar shares last traded at $33.75, with a volume of 2,483 shares trading hands.

Linamar Stock Up 3.0 %

The business has a 50-day moving average of $35.67 and a 200-day moving average of $39.95.

About Linamar

(Get Free Report)

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.

Read More

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