Lenzing Aktiengesellschaft (OTCMKTS:LNZNF) Shares Down 18.9% – Here’s What Happened

Lenzing Aktiengesellschaft (OTCMKTS:LNZNFGet Free Report)’s share price was down 18.9% during trading on Friday . The stock traded as low as $30.71 and last traded at $30.71. Approximately 9 shares traded hands during mid-day trading, a decline of 97% from the average daily volume of 287 shares. The stock had previously closed at $37.89.

Lenzing Aktiengesellschaft Price Performance

The firm’s 50-day moving average price is $36.75 and its 200 day moving average price is $36.12.

Lenzing Aktiengesellschaft Company Profile

(Get Free Report)

Lenzing Aktiengesellschaft, together with its subsidiaries, produces and markets wood-based cellulosic fibers for the textile and nonwoven sectors, and industrial applications. The company operates through Division Fiber, Division Pulp, and Others segments. It offers lyocell and modal fibers for applications in textiles products, such as denim, activewear, and lingerie and underwear; hygiene articles, which include baby wipes, facial sheet masks, and surface cleaning; and protective wear, engineered products, and packaging products under the LENZING, TENCEL, VEOCEL, and LENZING ECOVERO brand names.

Read More

Receive News & Ratings for Lenzing Aktiengesellschaft Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Lenzing Aktiengesellschaft and related companies with MarketBeat.com's FREE daily email newsletter.