EQT AB (publ) (OTCMKTS:EQBBF) Trading Up 9.2% – Should You Buy?

EQT AB (publ) (OTCMKTS:EQBBF) shares were up 9.2% during mid-day trading on Friday . The company traded as high as $35.50 and last traded at $35.50. Approximately 18,565 shares traded hands during trading, an increase of 256% from the average daily volume of 5,213 shares. The stock had previously closed at $32.50.

Analyst Upgrades and Downgrades

EQBBF has been the subject of several recent research reports. Citigroup lowered shares of EQT AB (publ) from a “buy” rating to a “neutral” rating in a report on Monday, April 13th. Oddo Bhf raised EQT AB (publ) to an “outperform” rating in a research report on Monday, June 8th. One research analyst has rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy”.

EQT AB (publ) Stock Up 9.2%

The firm has a 50 day moving average price of $31.07 and a 200-day moving average price of $31.65.

About EQT AB (publ)

EQT AB (publ) is a leading global investment organization offering private equity, infrastructure, real assets and credit strategies. Through its subsidiaries and funds, the company partners with portfolio companies at various stages of development, providing capital, operational expertise and strategic support to drive growth and value creation. EQT’s investment activities span a range of industries, including healthcare, technology, industrials and consumer goods, where it seeks to bolster innovation and long-term performance.

Founded in 1994 and headquartered in Stockholm, Sweden, EQT has evolved from a single Swedish buyout fund into one of Europe’s foremost private markets investors.