NV Bekaert (OTCMKTS:BEKAY) Shares Down 9.6% – Here’s What Happened

NV Bekaert SA (OTCMKTS:BEKAYGet Free Report)’s stock price dropped 9.6% during trading on Monday . The stock traded as low as $3.50 and last traded at $3.50. Approximately 600 shares traded hands during trading, an increase of 180% from the average daily volume of 214 shares. The stock had previously closed at $3.87.

NV Bekaert Stock Performance

The firm’s 50 day moving average is $3.59 and its 200 day moving average is $4.03.

About NV Bekaert

(Get Free Report)

NV Bekaert SA engages in the provision of steel wire transformation and coating technologies worldwide. The company operates through four business units: Rubber Reinforcement, Steel Wire Solutions, Specialty Businesses, and Bridon-Bekaert Ropes Group. The Rubber Reinforcement Business unit develops, manufactures, and supplies steel tire cord and bead wire products and solutions for the tire sector.

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