Wienerberger (OTCMKTS:WBRBY) Share Price Crosses Below Fifty Day Moving Average – Time to Sell?

Wienerberger AG (OTCMKTS:WBRBY)’s stock price crossed below its 50-day moving average during trading on Monday . The stock has a 50-day moving average of $5.50 and traded as low as $5.01. Wienerberger shares last traded at $5.01, with a volume of 8,255 shares changing hands.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on WBRBY shares. Citigroup reissued a “buy” rating on shares of Wienerberger in a research note on Monday, May 18th. Morgan Stanley cut Wienerberger to an “underweight” rating in a research note on Wednesday. One research analyst has rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, Wienerberger presently has an average rating of “Hold”.

Wienerberger Trading Down 5.5%

The firm has a 50-day moving average price of $5.50 and a two-hundred day moving average price of $6.17.

Wienerberger (OTCMKTS:WBRBY) last posted its quarterly earnings data on Wednesday, May 13th. The company reported ($0.07) earnings per share for the quarter, missing the consensus estimate of ($0.04) by ($0.03). The firm had revenue of $1.20 billion during the quarter, compared to the consensus estimate of $1.24 billion.

Wienerberger Company Profile

Wienerberger AG is a leading international supplier of building materials and infrastructure solutions, headquartered in Vienna, Austria. The company specializes in clay blocks and facing bricks, as well as concrete and plastic pipe systems for water management and energy distribution. Wienerberger’s products are designed to meet a wide range of architectural and engineering requirements, combining durability with energy efficiency and aesthetic appeal.

In its brick division, Wienerberger offers a variety of clay brick formats under well-known brands, catering to both residential and commercial construction.