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Dowlais Group (LON:DWL) Shares Down 1.2% - Here's Why

Dowlais Group logo with Consumer Cyclical background

Shares of Dowlais Group plc (LON:DWL - Get Free Report) were down 1.2% on Friday . The stock traded as low as GBX 68.65 ($0.92) and last traded at GBX 68.75 ($0.92). Approximately 6,853,063 shares were traded during mid-day trading, a decline of 22% from the average daily volume of 8,753,110 shares. The stock had previously closed at GBX 69.60 ($0.93).

Dowlais Group Price Performance

The stock has a market cap of £970.28 million and a PE ratio of -1.89. The business has a 50 day moving average price of GBX 66.94 and a two-hundred day moving average price of GBX 65.03.

About Dowlais Group

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Dowlais Group Plc manufactures and sells automotive parts in the Americas, Europe, and Asia. The company engages in developing, manufacturing, and supplying automotive drive systems for conventional and electric vehicles. It manufactures sideshafts, propshafts, and constant velocity joints for passenger vehicles; and AWD systems and eDrive systems, as well as provides component solutions to systems, including control software.

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