Larsen & Toubro (OTCMKTS:LTOUF) Trading Down 4.2% – Time to Sell?

Larsen & Toubro Limited (OTCMKTS:LTOUFGet Free Report)’s share price traded down 4.2% during mid-day trading on Monday . The company traded as low as $40.40 and last traded at $40.70. 277 shares traded hands during mid-day trading, an increase of 33% from the average session volume of 208 shares. The stock had previously closed at $42.50.

Larsen & Toubro Price Performance

The firm has a 50-day simple moving average of $46.13 and a two-hundred day simple moving average of $41.87.

About Larsen & Toubro

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Larsen & Toubro Limited engages in engineering, construction, and manufacturing operations worldwide. The Infrastructure segment engineers and constructs building and factories, transportation infrastructure, heavy civil infrastructure, power transmission and distribution, water and effluent treatment, and minerals, and metals.

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