ConvaTec Group PLC (OTCMKTS:CNVVY – Get Free Report)’s stock price dropped 5.9% during trading on Tuesday . The stock traded as low as $13.20 and last traded at $13.21. Approximately 9,274 shares traded hands during trading, a decline of 70% from the average daily volume of 31,041 shares. The stock had previously closed at $14.04.
Analysts Set New Price Targets
CNVVY has been the subject of several research analyst reports. Peel Hunt upgraded shares of ConvaTec Group from a “hold” rating to a “moderate buy” rating in a research note on Monday, April 14th. Royal Bank Of Canada cut shares of ConvaTec Group from a “moderate buy” rating to a “hold” rating in a research note on Monday, June 2nd.
Check Out Our Latest Stock Analysis on CNVVY
ConvaTec Group Stock Down 5.9%
ConvaTec Group Company Profile
ConvaTec Group PLC engages in the development, manufacturing, and sale of medical products, services, and technologies in Europe, North America, and internationally. The company offers advanced wound dressings and skin care products for the management of acute and chronic wounds resulting from various conditions, such as diabetes, and acute conditions resulting from traumatic injury and burns.
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