Stabilus (OTCMKTS:SBLUY) Trading Up 10.9% – Still a Buy?

Stabilus S.A. (OTCMKTS:SBLUYGet Free Report)’s share price rose 10.9% during mid-day trading on Wednesday . The stock traded as high as $10.31 and last traded at $10.31. Approximately 200 shares changed hands during trading, a decline of 79% from the average daily volume of 939 shares. The stock had previously closed at $9.30.

Stabilus Trading Up 10.9 %

The business’s 50-day simple moving average is $10.31 and its 200 day simple moving average is $10.31.

About Stabilus

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Stabilus SA, together with its subsidiaries, manufactures and sells gas springs and dampers, and electric tailgate opening and closing equipment in Europe and internationally. The company offers non-locking, locking, and swivel chair gas springs; motion and vibration dampers; and electric motor drives and CAD-configurators, as well as services and spare parts.

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