NIBE Industrier AB (publ) (OTCMKTS:NDRBF) Trading Down 9.1% – What’s Next?

NIBE Industrier AB (publ) (OTCMKTS:NDRBF)’s stock price traded down 9.1% during mid-day trading on Monday . The stock traded as low as $3.50 and last traded at $3.50. 1,030 shares traded hands during trading, a decline of 68% from the average session volume of 3,235 shares. The stock had previously closed at $3.85.

NIBE Industrier AB (publ) Stock Performance

The stock has a 50 day moving average price of $4.24 and a two-hundred day moving average price of $4.49.

About NIBE Industrier AB (publ)

NIBE Industrier AB (publ), together with its subsidiaries, develops, manufactures, markets, and sells various energy-efficient solutions for indoor climate comfort, and components and solutions for intelligent heating and control in Nordic countries, rest of Europe, North America, and internationally.