Western Bulk Chartering AS (OTC:WSSTF) Trading Down 21.9% – Time to Sell?

Shares of Western Bulk Chartering AS (OTC:WSSTFGet Free Report) were down 21.9% during trading on Monday . The company traded as low as C$1.17 and last traded at C$1.18. Approximately 44,700 shares traded hands during trading, an increase of 1,366% from the average daily volume of 3,050 shares. The stock had previously closed at C$1.51.

Western Bulk Chartering AS Price Performance

The business’s 50 day simple moving average is C$1.66 and its two-hundred day simple moving average is C$2.10.

Western Bulk Chartering AS Company Profile

(Get Free Report)

Western Bulk Chartering AS, together with its subsidiaries, operates as a dry bulk shipping company. It engages in chartering and operating dry bulk vessels for the transportation of products, such as minerals, timber, cement, bauxite, steel products, grains, coal, and other products; and operation of chartered-in fleet of 110-150 vessels, including time charter trip vessels and period vessels.

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