Shawcor (OTCMKTS:SAWLF) Stock Price Up 1.7% – Still a Buy?

Shawcor Ltd. (OTCMKTS:SAWLF) rose 1.7% during trading on Monday . The company traded as high as $5.95 and last traded at $5.95. Approximately 1,500 shares were traded during trading, a decline of 97% from the average daily volume of 59,944 shares. The stock had previously closed at $5.85.

Shawcor Price Performance

The company’s 50-day moving average price is $6.34 and its two-hundred day moving average price is $7.69.

About Shawcor

Shawcor Ltd. is a global energy services company headquartered in Toronto, Canada, specializing in engineering, manufacturing and field services to the oil and gas industry. The company develops advanced products and technologies for the protection and performance of onshore and offshore pipelines, petrochemical facilities and industrial plants. Shawcor operates through two main segments—Pipeline & Pipe Services, which focuses on pipe coatings, field joint coatings, pipe repair and ongoing pipeline integrity maintenance, and Composite Systems, which offers high-performance composite pipe solutions under its FlexPipe® brand.

With a history spanning over a century, Shawcor has grown by innovation and strategic acquisitions to become a trusted partner for customers seeking to extend asset life and enhance operational safety.