Linamar Co. (OTCMKTS:LIMAF – Get Free Report) passed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $43.90 and traded as high as $49.34. Linamar shares last traded at $49.28, with a volume of 4,272 shares changing hands.
Linamar Stock Up 3.6%
The business’s 50 day simple moving average is $43.90 and its 200-day simple moving average is $39.58.
Linamar Company Profile
Linamar Corporation, together with its subsidiaries, produces engineered products in Canada, Europe, the Asia Pacific, and rest of North America. It operates through two segments, Mobility and Industrial. The Mobility segment focuses on light metal casting, forging, machining, and assembly for electrified and powered vehicle markets.
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