Mytilineos (OTCMKTS:MYTHY) Trading Down 6.8% – Time to Sell?

Mytilineos S.A. (OTCMKTS:MYTHYGet Free Report) dropped 6.8% during mid-day trading on Monday . The stock traded as low as $49.64 and last traded at $49.64. Approximately 120 shares were traded during mid-day trading, a decline of 89% from the average daily volume of 1,107 shares. The stock had previously closed at $53.24.

Mytilineos Stock Down 6.8%

The firm’s 50-day simple moving average is $48.06 and its 200-day simple moving average is $40.57.

About Mytilineos

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Mytilineos SA operates in metallurgy, sustainable engineering solution, renewables and storage development, and power and gas sectors in Greece, the European Union, Hellas, and internationally. The company engages in the development and contract of solar and energy storage projects. It is involved in contract of specialized large-scale integrated turn-key projects; and provision of photovoltaic construction; and environmental solutions for water and waste management, pollution prevention, energy, and air emissions.

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