Wienerberger (OTCMKTS:WBRBY) Share Price Passes Above Fifty Day Moving Average – Here’s Why

Wienerberger AG (OTCMKTS:WBRBYGet Free Report)’s share price passed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of $6.48 and traded as high as $7.60. Wienerberger shares last traded at $7.39, with a volume of 4,409 shares trading hands.

Analysts Set New Price Targets

Separately, UBS Group lowered Wienerberger from a “strong-buy” rating to a “hold” rating in a research note on Friday, February 21st.

Check Out Our Latest Research Report on WBRBY

Wienerberger Price Performance

The company’s 50 day moving average price is $6.53 and its two-hundred day moving average price is $6.10.

Wienerberger Company Profile

(Get Free Report)

Wienerberger AG produces and sells clay blocks, facing bricks, roof tiles, and pavers in Europe. It operates through Wienerberger Building Solutions, Wienerberger Piping Solutions, and North America segments. The company offers wall, façade, and roof system for single, two, and multi-family homes, and non-residential construction; paving and water management for gardens, pavements, and parking areas; and electrical cooling and heating installation, drinking water and wastewater, garden irrigation, irrigation systems and water storage.

Further Reading

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