Ontex Group (OTCMKTS:ONXXF) Trading Down 26% – Here’s Why
by Danessa Lincoln · The Markets DailyOntex Group NV (OTCMKTS:ONXXF – Get Free Report)’s share price was down 26% during mid-day trading on Thursday . The company traded as low as $2.42 and last traded at $2.42. Approximately 1,374 shares changed hands during mid-day trading, an increase of 162% from the average session volume of 525 shares. The stock had previously closed at $3.27.
Ontex Group Stock Performance
The firm’s 50-day moving average is $2.70 and its 200 day moving average is $3.69.
About Ontex Group
Ontex Group NV is a Belgium‐based manufacturer specializing in personal hygiene products. The company designs, produces and markets disposable baby care items, feminine hygiene solutions and adult incontinence products. Ontex supplies both private‐label and proprietary brands through a diversified portfolio that addresses the needs of infants, women and seniors.
With a network of production facilities across Europe, North America, Africa and the Middle East, Ontex serves customers in more than 100 countries.