GAIL (India) (OTCMKTS:GAILF) Stock Price Down 7% – Here’s Why

GAIL (India) Limited (OTCMKTS:GAILFGet Free Report)’s share price traded down 7% during trading on Wednesday . The stock traded as low as $12.06 and last traded at $12.06. 3,001 shares were traded during mid-day trading, an increase of 94% from the average session volume of 1,550 shares. The stock had previously closed at $12.97.

GAIL (India) Stock Down 7.0 %

The firm has a fifty day simple moving average of $14.32 and a 200 day simple moving average of $15.27.

About GAIL (India)

(Get Free Report)

GAIL (India) Limited operates as a natural gas processing and distribution company in India and internationally. The company operates through Transmission Services, Natural Gas Marketing, Petrochemicals, LPG and Other Liquid Hydrocarbons, and Other segments. It is involved in the transmission and marketing of natural gas to the power, fertilizer, industrial, automotive, petrochemicals, and domestic and commercial sectors.

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