Chemring Group (OTC:CMGMF) Shares Up 23.6% – Still a Buy?

Chemring Group PLC (OTC:CMGMFGet Free Report) shares rose 23.6% during trading on Monday . The company traded as high as C$7.48 and last traded at C$7.48. Approximately 100 shares changed hands during trading, a decline of 98% from the average daily volume of 4,265 shares. The stock had previously closed at C$6.05.

Chemring Group Trading Up 23.6%

The stock has a fifty day simple moving average of C$6.51 and a two-hundred day simple moving average of C$7.13.

Chemring Group Company Profile

(Get Free Report)

Chemring Group PLC provides countermeasures, sensors, information, and energetic products in the United States, the United Kingdom, Europe, the Asia pacific, and internationally. The company offers sensors and information products, such as point chemical detector, sensor, JSLSCAD, and I-SCAD; miniature radar altimeter, R Visor, 3D radars, husky mounted detection system, groundshark, MDS-10, and groundhunters; resolve, locate, LOCATE-T, and viper products; and advisory, research, and design and engineering services.

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