ConvaTec Group (OTCMKTS:CNVVY) Stock Price Down 3.5% – What’s Next?

ConvaTec Group PLC (OTCMKTS:CNVVYGet Free Report)’s share price traded down 3.5% during mid-day trading on Thursday . The company traded as low as $12.51 and last traded at $12.68. 13,976 shares changed hands during mid-day trading, a decline of 42% from the average session volume of 24,302 shares. The stock had previously closed at $13.14.

Analyst Ratings Changes

A number of equities research analysts have commented on CNVVY shares. Berenberg Bank raised shares of ConvaTec Group to a “strong-buy” rating in a report on Tuesday, August 6th. Barclays raised shares of ConvaTec Group to a “strong-buy” rating in a research note on Wednesday, July 31st.

View Our Latest Report on CNVVY

ConvaTec Group Stock Performance

The business has a 50-day moving average price of $11.80 and a two-hundred day moving average price of $12.34.

About ConvaTec Group

(Get Free Report)

ConvaTec Group PLC engages in the development, manufacturing, and sale of medical products, services, and technologies in Europe, North America, and internationally. The company offers advanced wound dressings and skin care products for the management of acute and chronic wounds resulting from various conditions, such as diabetes, and acute conditions resulting from traumatic injury and burns.

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