Eregli Demir ve Çelik Fabrikalari T.A.S. (OTC:ERELY) Stock Price Down 19.2% – Time to Sell?

Eregli Demir ve Çelik Fabrikalari T.A.S. (OTC:ERELY)’s share price fell 19.2% during trading on Monday . The stock traded as low as $4.96 and last traded at $4.96. 1,492 shares traded hands during trading, an increase of 326% from the average session volume of 350 shares. The stock had previously closed at $6.14.

Eregli Demir ve Çelik Fabrikalari T.A.S. Stock Performance

The firm has a 50 day moving average price of $5.59 and a 200-day moving average price of $5.62.

Eregli Demir ve Çelik Fabrikalari T.A.S. Company Profile

Eregli Demir ve Çelik Fabrikalari T.A.S., together with its subsidiaries, produces and sells iron and steel rolled products, alloyed and non-alloyed iron, steel and pig iron castings, cast and pressed products, coke, and by-products in Turkey and internationally. Its flat products include hot rolled flat steel products, cold-rolled flat steel products, and galvanized/galvanealed flat steel products; and tin/chrome coated flat steel products used in metal packaging industry. The company also provides various byproducts, including motor benzole, pure benzole, toluol, xylol, crude tar, ammonium sulphate, iron sulphate, and granulated high furnace slag.