TMK PAO/S (OTCMKTS:TMKXY)’s share price dropped 2.1% during trading on Wednesday . The company traded as low as $3.33 and last traded at $3.33, approximately 100 shares were traded during mid-day trading. A decline of 80% from the average daily volume of 488 shares. The stock had previously closed at $3.40.

The stock’s fifty day simple moving average is $3.57.


PAO TMK manufactures, sells, and exports steel pipes for the oil and gas industry. The company operates in three segments: Russia, Americas, and Europe. It offers seamless and welded threaded drill pipes, and casing and tubing that are used in drilling, equipping, and operating oil and gas wells; and oil and gas line pipes for intra-field to transport crude oil and natural gas from the field to oil refineries and storage facilities, as well as to shipment points and distribution nodes.

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