Essity AB (publ) (OTCMKTS:ETTYF) Shares Down 9.2% – Time to Sell?

Shares of Essity AB (publ) (OTCMKTS:ETTYF) dropped 9.2% during trading on Wednesday . The stock traded as low as $24.98 and last traded at $24.98. Approximately 2,055 shares traded hands during trading, an increase of 21% from the average daily volume of 1,698 shares. The stock had previously closed at $27.50.

Essity AB (publ) Stock Performance

The business’s 50 day simple moving average is $26.66 and its 200-day simple moving average is $27.95.

About Essity AB (publ)

Essity AB (publ) develops, produces, and sells hygiene and health products and services in Europe, North and Latin America, Asia, and internationally. The company operates through Health & Medical, Consumer Goods, and Professional Hygiene segments. The Health & Medical segment offers incontinence products, wound care, compression therapy, orthopedics, skincare products, wet wipes, wash gloves, and digital solutions with sensor technology under the TENA, Leukoplast, JOBST, Actimove, Cutimed, Delta-Cast, AquaCast Liner, and Hydrofera brands to family caregivers, professional caregivers, and patients and consumers through pharmacies, medical device stores, hospitals, distributors, care institutions, and e-commerce.