Snc-Lavalin Group (OTCMKTS:SNCAF) Stock Price Crosses Below 50-Day Moving Average of $19.04

Snc-Lavalin Group Inc (OTCMKTS:SNCAF)’s share price crossed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $19.04 and traded as low as $14.79. Snc-Lavalin Group shares last traded at $14.80, with a volume of 3,625 shares.

Several research firms have issued reports on SNCAF. BMO Capital Markets reiterated a “hold” rating on shares of Snc-Lavalin Group in a research note on Monday, July 8th. Raymond James reiterated a “hold” rating on shares of Snc-Lavalin Group in a research note on Wednesday, July 3rd. Four equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. The company currently has an average rating of “Hold”.

The company’s 50 day simple moving average is $18.84.

About Snc-Lavalin Group (OTCMKTS:SNCAF)

SNC-Lavalin Group Inc provides consulting, design, engineering, construction, and operation and maintenance services worldwide. It operates through Mining & Metallurgy; Oil & Gas; Nuclear; Clean Power; Infrastructure; Engineering, Design and Project Management; and Capital segments. The company offers solutions for projects in the aluminum, gold, copper, iron ore, nickel, fertilizer, sulphur, and other projects, as well as commodities related to rechargeable batteries for cars, mobile phones, and other electronic devices.

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