Lenzing Aktiengesellschaft (OTCMKTS:LNZNF – Get Free Report) shares rose 12.2% on Monday . The company traded as high as $29.05 and last traded at $29.05. Approximately 2 shares changed hands during trading, a decline of 99% from the average daily volume of 382 shares. The stock had previously closed at $25.90.
Lenzing Aktiengesellschaft Stock Up 12.2%
The business’s 50 day simple moving average is $26.82 and its 200-day simple moving average is $29.13.
About Lenzing Aktiengesellschaft
Lenzing Aktiengesellschaft is an Austria-based specialty fiber manufacturer focusing on the production of wood-based cellulose fibers. Its range of products includes Lenzing TENCEL® lyocell fibers, Lenzing Modal® fibers and dissolving wood pulp. These fibers are employed across diverse end markets such as apparel, home textiles, personal care and nonwovens, where strength, moisture management and ecological credentials are increasingly valued.
The company’s manufacturing footprint spans Europe, Asia, North America and South America, enabling it to supply global customers in the textile, automotive and hygiene sectors.
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