Shares of Synthomer plc (OTCMKTS:SYYYF – Get Free Report) dropped 11.3% during mid-day trading on Thursday . The stock traded as low as $1.33 and last traded at $1.33. Approximately 100 shares traded hands during trading, a decline of 93% from the average daily volume of 1,493 shares. The stock had previously closed at $1.50.
Synthomer Stock Performance
The company’s 50 day moving average price is $0.76 and its 200-day moving average price is $1.02.
About Synthomer
Synthomer plc is a UK‐based specialty chemicals company that develops, manufactures and supplies synthetic polymers and latex products to a broad range of industries. The company’s portfolio includes emulsion polymers, synthetic latex, styrene butadiene and nitrile dispersions, as well as functional additives for coatings, adhesives, sealants and construction markets. Its solutions are designed to enhance performance in applications such as paints and coatings, paper and packaging, textiles, hygiene products and engineered materials.
Synthomer’s core activities center on research and development of water‐based polymer technologies.
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