Evonik Industries (OTCMKTS:EVKIF) Stock Price Down 1.4% – Here’s Why

Evonik Industries AG (OTCMKTS:EVKIFGet Free Report)’s share price fell 1.4% during mid-day trading on Friday . The stock traded as low as $15.20 and last traded at $15.20. 1,000 shares traded hands during mid-day trading, a decline of 28% from the average session volume of 1,388 shares. The stock had previously closed at $15.4120.

Evonik Industries Trading Down 1.4%

The stock’s fifty day moving average is $15.37 and its 200 day moving average is $17.84.

Evonik Industries Company Profile

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Evonik Industries AG is a Germany-based specialty chemicals company headquartered in Essen. Formed in 2007 through the carve-out of the chemicals division of RAG AG, the firm traces its origins to the Degussa chemical group, whose roots extend more than a century. Today, Evonik is recognized as one of the world’s leading providers of specialty chemicals, serving a broad array of industrial and consumer markets.

The company’s operations are organized into core business segments that include Nutrition & Care, Resource Efficiency and Performance Materials.

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