Shares of Huhtamäki Oyj (OTCMKTS:HOYFF – Get Free Report) dropped 12.6% on Monday . The company traded as low as $29.49 and last traded at $29.49. Approximately 1,802 shares traded hands during mid-day trading, a decline of 48% from the average daily volume of 3,438 shares. The stock had previously closed at $33.75.
Huhtamäki Oyj Stock Down 12.6%
The firm’s fifty day moving average is $34.59 and its two-hundred day moving average is $34.17.
Huhtamäki Oyj Company Profile
Huhtamäki Oyj is a Finland-based global packaging company specializing in sustainable, consumer-centric packaging solutions. Founded in 1920 and headquartered in Espoo, Finland, Huhtamäki operates in fiber-based and plastic packaging markets serving both foodservice and consumer goods sectors. The company’s shares trade on Nasdaq Helsinki and over-the-counter in the U.S. under the symbol HOYFF.
The company’s product portfolio spans molded fiber items, paper cups, flexible plastic packaging, rigid plastic containers and specialty packaging for a range of end uses.
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