ConvaTec Group (OTCMKTS:CNVVY) Stock Falls 1.5% – Here’s What Happened

ConvaTec Group PLC (OTCMKTS:CNVVY – Get Free Report) was down 1.5% during trading on Thursday. The company traded as low as $11.1825 and last traded at $11.28. 116,841 shares were traded during mid-day trading, an increase of 122% from the average session volume of 52,565 shares. The stock had previously closed at $11.45.

ConvaTec Group Trading Down 1.5%

The firm has a 50-day simple moving average of $12.19 and a two-hundred day simple moving average of $11.79.

About ConvaTec Group

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ConvaTec Group plc is a global medical products and technologies company focused on solutions that support the management of chronic and acute conditions. Its products are used by healthcare professionals and patients in hospitals, clinics, community care settings and at home.

The company’s principal business areas include advanced wound care, ostomy care, continence and critical care, and infusion care. Its offerings include wound dressings and therapies, ostomy systems and accessories, products for catheterization and urine management, and infusion sets and related devices used in insulin delivery and other therapies.

ConvaTec serves customers in markets across North America, Europe, Asia-Pacific and other international regions, with products distributed in more than 100 countries.

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