Forvia (OTCMKTS:FURCF) Shares Down 3% – What’s Next?

Forvia SE (OTCMKTS:FURCF) shares were down 3% during mid-day trading on Tuesday . The company traded as low as $13.00 and last traded at $13.00. Approximately 200 shares traded hands during mid-day trading, a decline of 87% from the average daily volume of 1,492 shares. The stock had previously closed at $13.40.

Wall Street Analyst Weigh In

A number of analysts have issued reports on FURCF shares. Jefferies Financial Group reaffirmed a “buy” rating on shares of Forvia in a research note on Monday. Citigroup reaffirmed a “sell” rating on shares of Forvia in a research note on Tuesday, August 5th. Two analysts have rated the stock with a Buy rating and one has issued a Sell rating to the stock. According to data from MarketBeat, Forvia has a consensus rating of “Hold”.

Forvia Trading Down 3.0%

The business has a 50-day moving average of $13.46 and a 200-day moving average of $10.94.

About Forvia

Forvia SE, together with its subsidiaries, manufactures and sells automotive technology solutions in France, Germany, other European countries, the Americas, Asia, and internationally. It operates through Seating, Clean Mobility, Electronics, Lighting, and Lifecycle Solutions segments. The Seating segment designs and manufactures vehicle seats, seating frames, and comfort solutions, as well as adjustment mechanisms.