Dowlais Group (LON:DWL) Shares Down 1.8% – Time to Sell?

Dowlais Group plc (LON:DWLGet Free Report)’s share price traded down 1.8% during mid-day trading on Thursday . The company traded as low as GBX 65.58 ($0.88) and last traded at GBX 66.10 ($0.89). 1,261,077 shares changed hands during trading, a decline of 86% from the average session volume of 9,088,557 shares. The stock had previously closed at GBX 67.32 ($0.91).

Dowlais Group Price Performance

The business’s 50 day moving average price is GBX 62.52 and its 200-day moving average price is GBX 64.63. The firm has a market capitalization of £893.87 million and a price-to-earnings ratio of -1.74.

Dowlais Group Company Profile

(Get Free Report)

Dowlais Group Plc manufactures and sells automotive parts in the Americas, Europe, and Asia. The company engages in developing, manufacturing, and supplying automotive drive systems for conventional and electric vehicles. It manufactures sideshafts, propshafts, and constant velocity joints for passenger vehicles; and AWD systems and eDrive systems, as well as provides component solutions to systems, including control software.

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