SMC (OTCMKTS:SMECF) Share Price Crosses Below Fifty Day Moving Average – Here’s What Happened

SMC Co. (OTCMKTS:SMECFGet Free Report)’s share price crossed below its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $435.01 and traded as low as $425.00. SMC shares last traded at $432.40, with a volume of 2,550 shares changing hands.

SMC Price Performance

The business has a fifty day simple moving average of $434.50 and a 200 day simple moving average of $474.18.

About SMC

(Get Free Report)

SMC Corporation manufactures, processes, and sells automatic control equipment, sintered filters, and various types of filtration equipment worldwide. The company offers air management system, directional control valves, air cylinders, rotatory actuators/air grippers, electric actuators/cylinders, fitting and tubing, and modular F.R.L./pressure control equipment, as well as vacuum, air preparation, and lubrication equipment.

Further Reading

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