PETRONAS Chemicals Group Berhad (OTCMKTS:PECGF) Trading Down 2% – Here’s Why

PETRONAS Chemicals Group Berhad (OTCMKTS:PECGFGet Free Report) dropped 2% during mid-day trading on Wednesday . The stock traded as low as $0.84 and last traded at $0.84. Approximately 140 shares changed hands during trading, an increase of 17% from the average daily volume of 120 shares. The stock had previously closed at $0.86.

PETRONAS Chemicals Group Berhad Price Performance

The stock has a fifty day moving average price of $0.89 and a 200-day moving average price of $0.92.

About PETRONAS Chemicals Group Berhad

(Get Free Report)

PETRONAS Chemicals Group Berhad, an investment holding company, engages in production and sale of chemicals. The company operates through Olefins and Derivatives, Fertilisers and Methanol, Specialties, and Other segments. It offers polymers comprising HDPE blown films, blow moulding, and pipes; linear low density polyethylene; and homopolymer, copolymer, and terpolymer; and PETRONAS Wellbore, PETRONAS Rig, and PETRONAS Tank solutions.

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