Elkem ASA (OTCMKTS:ELKEF) Trading Down 1.8% – What’s Next?

Elkem ASA (OTCMKTS:ELKEF) shares fell 1.8% on Tuesday . The stock traded as low as $1.65 and last traded at $1.65. 386 shares were traded during mid-day trading, a decline of 82% from the average session volume of 2,179 shares. The stock had previously closed at $1.68.

Elkem ASA Stock Performance

The stock’s 50 day moving average is $1.71 and its 200-day moving average is $1.90.

Elkem ASA Company Profile

Elkem ASA engages in the provision of advanced material solutions worldwide. It operates through three segments: Silicones, Silicon Products, and Carbon Solutions. The company offers silicones polymers, including silicone oils, compounds, emulsions, grease, and resins, as well as chlorosilanes, heat cured rubber silicone, liquid silicone rubber, and RTV-1 and RTV-2 silicones.