NIBE Industrier AB (publ) (OTCMKTS:NDRBF) Trading Down 13.9% – Should You Sell?

NIBE Industrier AB (publ) (OTCMKTS:NDRBF) was down 13.9% during mid-day trading on Friday . The stock traded as low as $3.73 and last traded at $3.73. Approximately 600 shares changed hands during mid-day trading, a decline of 82% from the average daily volume of 3,262 shares. The stock had previously closed at $4.34.

NIBE Industrier AB (publ) Stock Performance

The stock’s 50 day moving average is $4.61 and its two-hundred day moving average is $4.62.

NIBE Industrier AB (publ) Company Profile

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.