Colt CZ Group (OTC:CZGZF) Shares Down 2.9% – Here’s Why

Shares of Colt CZ Group SE (OTC:CZGZF) fell 2.9% during mid-day trading on Wednesday . The company traded as low as C$39.00 and last traded at C$39.00. 200 shares changed hands during trading, a decline of 50% from the average session volume of 400 shares. The stock had previously closed at C$40.18.

Colt CZ Group Stock Down 2.9%

The business has a fifty day moving average price of C$36.16 and a 200 day moving average price of C$35.58.

Colt CZ Group Company Profile

Colt CZ Group SE, together with its subsidiaries, engages in the production, purchase, and sale of firearms, ammunition products, and tactical accessories in the Czech Republic, Canada the United States, rest of Europe, Africa, Asia, and internationally. Its firearms include pistols, revolvers, rifles, submachine guns, grenade launchers, sniper rifles, and centrefire rifles; and components for firearms comprising sights, triggers, stocks, grips, and spare parts. The company offers tactical and ballistic equipment, such as ballistic vests, helmets and other protection products, combat uniforms, and backpacks, as well as firearms accessories consisting of handgun holsters, and magazine pouches.