PyroGenesis Canada (OTCMKTS:PYRNF) Stock Price Crosses Below 50-Day Moving Average – Here’s Why

Shares of PyroGenesis Canada Inc. (OTCMKTS:PYRNFGet Free Report) passed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $0.49 and traded as low as $0.38. PyroGenesis Canada shares last traded at $0.41, with a volume of 18,889 shares changing hands.

PyroGenesis Canada Stock Performance

The company has a 50-day moving average of $0.48 and a 200-day moving average of $0.55.

PyroGenesis Canada Company Profile

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PyroGenesis Canada Inc designs, develops, manufactures, and commercializes advanced plasma processes and systems in Canada and internationally. It offers DROSRITE, a sustainable process for enhancing metal recovery from dross targeting primarily metallurgical industry; plasma atomized metal powders; PUREVAP, a process to produce high purity metallurgical grade silicon and solar grade silicon from quartz; plasma fired steam generator, which directly generates steam suitable for steam-assisted gravity drainage (SAGD) for the oil and gas industry; and custom reactors and furnaces for use in advanced materials, metallurgical, environmental, and chemical fields.

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