Lenzing Aktiengesellschaft (OTCMKTS:LNZNF) Shares Down 3.2% – What’s Next?

Shares of Lenzing Aktiengesellschaft (OTCMKTS:LNZNFGet Free Report) fell 3.2% during trading on Wednesday . The company traded as low as $29.52 and last traded at $29.52. 1,000 shares were traded during mid-day trading, an increase of 221% from the average session volume of 312 shares. The stock had previously closed at $30.50.

Lenzing Aktiengesellschaft Stock Performance

The company’s fifty day moving average is $34.43 and its two-hundred day moving average is $35.28.

Lenzing Aktiengesellschaft Company Profile

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Lenzing Aktiengesellschaft, together with its subsidiaries, produces and markets wood-based cellulosic fibers for the textile and nonwoven sectors, and industrial applications. The company operates through Division Fiber, Division Pulp, and Others segments. It offers lyocell and modal fibers for applications in textiles products, such as denim, activewear, and lingerie and underwear; hygiene articles, which include baby wipes, facial sheet masks, and surface cleaning; and protective wear, engineered products, and packaging products under the LENZING, TENCEL, VEOCEL, and LENZING ECOVERO brand names.

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