Groupe Bruxelles Lambert (OTCMKTS:GBLBY) Trading 9.2% Higher – Time to Buy?

Groupe Bruxelles Lambert SA (OTCMKTS:GBLBYGet Free Report) shares were up 9.2% on Wednesday . The company traded as high as $7.60 and last traded at $7.60. Approximately 765 shares were traded during trading, an increase of 15% from the average daily volume of 666 shares. The stock had previously closed at $6.96.

Groupe Bruxelles Lambert Price Performance

The stock’s 50-day simple moving average is $7.15 and its 200-day simple moving average is $7.57.

About Groupe Bruxelles Lambert

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Groupe Bruxelles Lambert SA invests in a portfolio of industrial, consumer goods, and business service companies operating in various sectors in Belgium, other European countries, North America, and internationally. The company operates through seven segments: Holding, Imerys, Webhelp, Canyon, Affidea, Sanoptis, and GBL Capital and Sienna Investment Managers.

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