Siam Cement Public (OTCMKTS:SCVPY) Shares Break Below 200 Day Moving Average – Here’s What Happened

The Siam Cement Public Company Limited (OTCMKTS:SCVPY – Get Free Report)’s stock price passed below its 200-day moving average during trading on Friday. The stock has a 200-day moving average of $7.10 and traded as low as $6.91. Siam Cement Public shares last traded at $6.91, with a volume of 750 shares.

Siam Cement Public Price Performance

The stock’s 50-day simple moving average is $7.86 and its two-hundred day simple moving average is $7.10.

Siam Cement Public Company Profile

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Siam Cement Public Company Limited, also known as SCG, is a Thailand-based industrial conglomerate founded in 1913 by royal decree. The company began as Thailand’s first cement producer and has expanded into a diversified group serving construction, manufacturing, consumer and packaging markets.

SCG operates through businesses that include cement and building materials, chemicals, and packaging. Its products and services include cement, ready-mixed concrete, construction materials, home-improvement products, petrochemicals and polymers, paper and packaging products, and related industrial solutions.

Headquartered in Bangkok, SCG serves customers in Thailand and has expanded its operations and commercial presence across Southeast Asia and other international markets.

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