Synthomer (OTCMKTS:SYYYF) Trading Down 6.6% – Time to Sell?

Synthomer plc (OTCMKTS:SYYYFGet Free Report)’s share price was down 6.6% on Thursday . The stock traded as low as $0.7943 and last traded at $0.7943. Approximately 4,000 shares changed hands during trading, an increase of 0% from the average daily volume of 4,000 shares. The stock had previously closed at $0.85.

Synthomer Price Performance

The company has a 50-day moving average price of $1.51 and a 200-day moving average price of $1.70.

Synthomer Company Profile

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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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