SGL Carbon (OTCMKTS:SGLFF) Shares Down 7.2% – Here’s What Happened

SGL Carbon SE (OTCMKTS:SGLFF) shares dropped 7.2% during trading on Thursday . The stock traded as low as $4.01 and last traded at $4.01. Approximately 1,700 shares were traded during mid-day trading, an increase of 51% from the average daily volume of 1,124 shares. The stock had previously closed at $4.33.

SGL Carbon Stock Performance

The business has a 50-day moving average of $5.07 and a 200 day moving average of $6.15.

SGL Carbon Company Profile

SGL Carbon SE, together with its subsidiaries, engages in the manufacture and sale of special graphite, carbon fibers, and composite products in Germany, rest of Europe, the United States, China, rest of Asia, and internationally. The company operates in four segments: Graphite Solutions, Process Technology, Carbon Fibers, and Composite Solutions.