OC Oerlikon (OTCMKTS:OERLF) Sets New 52-Week Low After Analyst Downgrade

OC Oerlikon Co. AG (OTCMKTS:OERLFGet Rating)’s share price reached a new 52-week low on Tuesday after Royal Bank of Canada lowered their price target on the stock from CHF 8.50 to CHF 8. The company traded as low as $7.72 and last traded at $7.72, with a volume of 0 shares trading hands. The stock had previously closed at $7.72.

Separately, UBS Group dropped their price objective on OC Oerlikon from CHF 12.20 to CHF 11.90 in a report on Wednesday, August 10th.

OC Oerlikon Stock Performance

The company has a 50-day moving average of $7.72 and a 200-day moving average of $7.86.

OC Oerlikon Company Profile

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OC Oerlikon Corporation AG provides advanced materials, surface technologies, processing equipment, and services worldwide. The company operates through two segments, Surface Solutions and Polymer Processing Solutions. The Surface Solutions segment supplies advanced materials and surface technologies for components and tools used in range of industrial applications.

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