LANXESS Aktiengesellschaft (OTCMKTS:LNXSF) Shares Down 8.8% – Should You Sell?

LANXESS Aktiengesellschaft (OTCMKTS:LNXSFGet Free Report) shares dropped 8.8% during trading on Friday . The stock traded as low as $24.62 and last traded at $24.62. Approximately 250 shares were traded during trading, a decline of 66% from the average daily volume of 728 shares. The stock had previously closed at $27.00.

LANXESS Aktiengesellschaft Stock Performance

The firm has a 50 day simple moving average of $28.63 and a two-hundred day simple moving average of $27.61.

About LANXESS Aktiengesellschaft

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LANXESS Aktiengesellschaft, together with its subsidiaries, operates as a specialty chemicals company that engages in the development, manufacture, and marketing of chemical intermediates, additives, specialty chemicals, and consumer protection products worldwide. It operates through three segments: Consumer Protection, Specialty Additives, and Advanced Intermediates.

Further Reading

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