Dowlais Group (OTCMKTS:DWLAF) Trading 22% Higher – Should You Buy?

Dowlais Group plc (OTCMKTS:DWLAFGet Free Report)’s stock price rose 22% on Monday . The company traded as high as $1.3150 and last traded at $1.3150. Approximately 1,319 shares were traded during mid-day trading, a decline of 85% from the average daily volume of 8,745 shares. The stock had previously closed at $1.0780.

Dowlais Group Stock Performance

The stock’s 50-day moving average is $1.08 and its 200-day moving average is $1.05.

About Dowlais Group

(Get Free Report)

Dowlais Group Limited, trading under the ticker OTCMKTS:DWLAF, is a diversified industrial company specializing in steel, aluminum, mining and energy operations. The group brings together a network of manufacturing facilities, including steel plants, foundries and recycling centres, to process raw materials into finished metal products. Drawing on the heritage of the historic Dowlais Ironworks and other industrial sites, the company focuses on both flat and long steel production, as well as aluminium rolling and extrusion.

The company’s product portfolio spans hot-rolled and cold-rolled steel coils, galvanized steel, sections and bars, aluminium sheets and extruded profiles, and specialty metal alloys.

Read More

Receive News & Ratings for Dowlais Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Dowlais Group and related companies with MarketBeat.com's FREE daily email newsletter.