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

NIBE Industrier AB (publ) (OTCMKTS:NDRBF) dropped 13.9% on Friday . The stock traded as low as $3.73 and last traded at $3.73. Approximately 600 shares changed hands during 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) Price Performance

The business has a 50-day simple moving average of $4.61 and a two-hundred day simple moving average of $4.62.

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.