Wienerberger (OTCMKTS:WBRBY) Shares Pass Above 50-Day Moving Average – Should You Sell?

Wienerberger AG (OTCMKTS:WBRBYGet Free Report)’s share price crossed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $6.23 and traded as high as $6.95. Wienerberger shares last traded at $6.95, with a volume of 14,389 shares.

Analyst Upgrades and Downgrades

Separately, UBS Group assumed coverage on Wienerberger in a report on Tuesday, October 14th. They issued a “neutral” rating for the company. One analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Buy”.

Check Out Our Latest Research Report on Wienerberger

Wienerberger Trading Up 4.4%

The business has a fifty day moving average of $6.23 and a 200 day moving average of $6.82.

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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