Mersen S.A. (OTCMKTS:CBLNF – Get Free Report)’s share price dropped 4.7% during mid-day trading on Thursday . The company traded as low as C$37.15 and last traded at C$37.15. Approximately 200 shares changed hands during mid-day trading, a decline of 20% from the average daily volume of 250 shares. The stock had previously closed at C$39.00.
Mersen Stock Performance
The business’s 50-day moving average is C$38.78 and its two-hundred day moving average is C$37.51.
About Mersen
Mersen SA manufactures and sells electrical power products and advanced materials in France, North America, rest of Europe, the Asia-Pacific, and internationally. The company offers electrical protection and control products, such as IEC and UL/CSA low voltage general purpose fuses and fuse gears, high and medium voltage fuses, surge protection, lightning protection and power monitoring, and power transfer solutions for rail vehicles; and power management solutions, including high speed fuses, DC protection for electric vehicles and battery, cooling solutions, bus bars, and aluminum electrolytic and film capacitors.
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