Chemring Group (OTC:CMGMF) Shares Down 11.2% – Here’s What Happened

Chemring Group PLC (OTC:CMGMFGet Free Report) traded down 11.2% on Monday . The company traded as low as C$3.95 and last traded at C$3.95. 1,151 shares changed hands during trading, a decline of 66% from the average session volume of 3,367 shares. The stock had previously closed at C$4.45.

Chemring Group Price Performance

The company has a fifty day simple moving average of C$4.41 and a two-hundred day simple moving average of C$4.78.

Chemring Group Company Profile

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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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