Strongco Corp (TSE:SQP) dropped 4.5% during trading on Monday . The company traded as low as C$1.47 and last traded at C$1.48. Approximately 5,600 shares traded hands during mid-day trading, an increase of 229% from the average daily volume of 1,700 shares. The stock had previously closed at C$1.55.

The company’s 50 day moving average price is $1.41 and its 200-day moving average price is $1.38. The firm’s market capitalization is $19.57 million.

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Strongco Corp Company Profile

Strongco Corporation is a multiline mobile equipment distributor in Canada. The Company operates through Equipment Distribution segment, which sells and rents new and used equipment and provides after-sale product support (parts and service) to customers who operate in infrastructure, construction, mining, oil and gas exploration, forestry and industrial markets.

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