Western Bulk Chartering AS (OTC:WSSTF) Stock Price Down 21.9% – Should You Sell?

Western Bulk Chartering AS (OTC:WSSTFGet Free Report) was down 21.9% during mid-day trading on Monday . The company traded as low as C$1.17 and last traded at C$1.18. Approximately 44,700 shares changed 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 firm’s fifty day simple moving average is C$1.71 and its 200 day simple moving average is C$2.12.

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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