Shares of Avantium (OTCMKTS:AVTXF – Get Free Report) fell 27.6% on Thursday . The company traded as low as C$8.47 and last traded at C$8.47. 101 shares changed hands during trading, a decline of 52% from the average session volume of 211 shares. The stock had previously closed at C$11.70.
Avantium Stock Performance
The business has a 50-day moving average price of C$9.68 and a two-hundred day moving average price of C$8.39.
About Avantium
Avantium N.V. is a Netherlands-based technology company specializing in the development and commercialization of renewable chemistry solutions. The company focuses on the design of catalytic processes to convert plant-based sugars into high-performance materials, chemicals and fuels. Its core offering revolves around proprietary technologies that address both material performance and environmental sustainability, targeting industries such as packaging, coatings and specialty chemicals.
A flagship product of Avantium is polyethylene furanoate (PEF), a 100% plant-based polymer designed to replace conventional polyethylene terephthalate (PET) in applications including bottles, films and fibers.
Featured Articles
- Five stocks we like better than Avantium
- Microsoft Just Gave Investors 3 Dates They Can’t Afford to Ignore
- NVIDIA’s Outlook Gains Momentum: Stock Price to Follow
- The World Cup Is Coming—These 3 Stocks Could Cash In
- Spotify’s “North Star” Outlook Was Music to Investors Ears
Receive News & Ratings for Avantium Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Avantium and related companies with MarketBeat.com's FREE daily email newsletter.
