Acmat (OTCMKTS:ACMTA) Stock Price Down 10.5% – Here’s Why

Acmat Corp. (OTCMKTS:ACMTAGet Free Report) shares dropped 10.5% on Tuesday . The stock traded as low as $26.00 and last traded at $26.00. Approximately 186 shares changed hands during mid-day trading, an increase of 1,663% from the average daily volume of 11 shares. The stock had previously closed at $29.05.

Acmat Price Performance

The firm’s 50-day simple moving average is $35.73 and its two-hundred day simple moving average is $33.97.

About Acmat

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ACMAT Corporation, through its subsidiaries, provides surety bonds primarily for construction contractors in the United States. The company offers surety bonds for prime, sub-prime, specialty trade, environmental, asbestos, and lead abatement contractors, as well as for miscellaneous obligations. It also provides miscellaneous surety comprising workers’ compensation, supply, subdivision, and license and permit bonds.

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