Bontex (OTCMKTS:BOTX) Stock Price Down 19.4% – What’s Next?

Bontex Inc. (OTCMKTS:BOTX – Get Free Report) dropped 19.4% during trading on Friday . The company traded as low as $0.25 and last traded at $0.25. Approximately 269 shares traded hands during mid-day trading, a decline of 42% from the average daily volume of 467 shares. The stock had previously closed at $0.31.

Bontex Stock Performance

The business’s 50-day moving average is $0.14 and its two-hundred day moving average is $0.05.

Bontex Company Profile

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Bontex Inc manufactures and supplies specialty composite materials to customers worldwide. It offers cellulose board and light gauge products comprising cellulose fibers for products, such as visors, brims, and size bands for headwear, as well as insoles for footwear products; and treated elastomeric wet web impregnated substrates to resist mold type growth that causes odor in luggage. The company also provides non woven boards; and Strobel products. Its cellulose board and light gauge products are PVC, PU, or special size coated as per custom needs.

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