Fletcher Building (OTCMKTS:FRCEF) Trading Down 8.9% – Time to Sell?

Fletcher Building Limited (OTCMKTS:FRCEFGet Free Report) was down 8.9% during trading on Friday . The company traded as low as $1.53 and last traded at $1.53. Approximately 100 shares changed hands during mid-day trading, a decline of 93% from the average daily volume of 1,337 shares. The stock had previously closed at $1.68.

Fletcher Building Stock Down 8.9 %

The company’s fifty day simple moving average is $1.68 and its two-hundred day simple moving average is $1.74.

Fletcher Building Company Profile

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Fletcher Building Limited, together with its subsidiaries, manufactures and distributes building products in New Zealand, Australia, and internationally. It operates through Building Products, Distribution, Concrete, Residential and Development, Construction, and Australia segments. The Building Products segment manufactures, markets, and distributes building products used to build homes; and buildings and infrastructure, including insulations, plasterboards, laminate surfaces, and plastic and concrete piping for the commercial and residential markets.

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