Graphene Manufacturing Group Ltd (OTCMKTS:GMGMF – Get Free Report)’s share price dropped 19.5% during trading on Monday . The stock traded as low as $1.85 and last traded at $2.1101. Approximately 1,485,098 shares changed hands during mid-day trading, an increase of 132% from the average daily volume of 639,794 shares. The stock had previously closed at $2.62.
Graphene Manufacturing Group Trading Down 19.5%
The firm’s 50-day moving average price is $1.41 and its two-hundred day moving average price is $0.92.
About Graphene Manufacturing Group
Graphene Manufacturing Group Ltd. (OTCMKTS:GMGMF) is an Australian industrial nanotechnology company specializing in the large-scale production and global supply of graphene and graphene-enhanced materials. The firm utilizes proprietary continuous-flow reactor technology to manufacture high-purity graphene powders and dispersions designed for industrial applications. By focusing on consistent quality and cost-effective output, Graphene Manufacturing Group seeks to overcome the scalability challenges that have limited graphene’s commercial adoption.
At the heart of its product lineup is SuperGraph™, a bulk graphene powder produced through an integrated exfoliation and purification process.
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