Essity AB (publ) (OTCMKTS:ETTYF) Shares Down 14.1% – Time to Sell?

Essity AB (publ) (OTCMKTS:ETTYF)’s share price dropped 14.1% on Thursday . The stock traded as low as $24.65 and last traded at $24.65. Approximately 3,471 shares traded hands during mid-day trading, an increase of 112% from the average daily volume of 1,638 shares. The stock had previously closed at $28.68.

Essity AB (publ) Stock Performance

The company has a 50 day simple moving average of $27.56 and a 200 day simple moving average of $27.53.

About Essity AB (publ)

Essity AB (publ) develops, produces, and sells hygiene and health products and services in Europe, North and Latin America, Asia, and internationally. The company operates through Health & Medical, Consumer Goods, and Professional Hygiene segments. The Health & Medical segment offers incontinence products, wound care, compression therapy, orthopedics, skincare products, wet wipes, wash gloves, and digital solutions with sensor technology under the TENA, Leukoplast, JOBST, Actimove, Cutimed, Delta-Cast, AquaCast Liner, and Hydrofera brands to family caregivers, professional caregivers, and patients and consumers through pharmacies, medical device stores, hospitals, distributors, care institutions, and e-commerce.