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

Dowlais Group logo with Consumer Cyclical background

Dowlais Group plc (LON:DWL - Get Free Report)'s stock price was down 1.2% during mid-day trading on Friday . The stock traded as low as GBX 68.65 ($0.93) and last traded at GBX 68.75 ($0.93). 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 ($0.94).

Dowlais Group Trading Down 1.2%

The firm has a market capitalization of £929.71 million and a price-to-earnings ratio of -1.81. The stock has a fifty day moving average price of GBX 66.75 and a 200-day moving average price of GBX 65.

About Dowlais Group

(Get Free Report)

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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