Ontex Group (OTCMKTS:ONXXF) Stock Falls 18.5% – Here’s Why

Ontex Group NV (OTCMKTS:ONXXF – Get Free Report)’s share price dropped 18.5% during trading on Monday. The company traded as low as $1.9719 and last traded at $1.9719. 1,680 shares changed hands during mid-day trading, an increase of 111% from the average daily volume of 795 shares. The stock had previously closed at $2.42.

Ontex Group Trading Down 18.5%

The firm has a 50-day moving average price of $2.63 and a two-hundred day moving average price of $3.27.

About Ontex Group

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Ontex Group is a Belgium-based personal hygiene company that develops, manufactures and markets disposable care products for consumers and institutional customers. The company primarily supplies private-label products to retailers, while also selling selected products under its own brands.

Its product portfolio includes baby care products such as diapers and training pants, feminine care products including sanitary pads and panty liners, and adult care products such as incontinence briefs, pads and protective underwear.

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