Arçelik Anonim Sirketi (OTCMKTS:ACKAY) Stock Price Down 7.6% – Here’s What Happened

Arçelik Anonim Sirketi (OTCMKTS:ACKAY – Get Free Report)’s stock price was down 7.6% on Friday. The stock traded as low as $7.3475 and last traded at $7.3475. Approximately 261 shares were traded during mid-day trading, a decline of 82% from the average daily volume of 1,431 shares. The stock had previously closed at $7.95.

Arçelik Anonim Sirketi Price Performance

The firm has a 50-day moving average of $8.68 and a two-hundred day moving average of $11.47.

Arçelik Anonim Sirketi Company Profile

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Arçelik Anonim Şirketi is a Turkey-based manufacturer of consumer durables and household appliances. The company develops and sells refrigerators, freezers, washing machines, tumble dryers, dishwashers, cooking appliances, vacuum cleaners, small domestic appliances, air conditioners and related home technologies. It also offers consumer electronics and connected-home products in selected markets.

Founded in 1955, Arçelik is a member of Koç Holding and markets products under brands including Arçelik, Beko and Grundig, as well as other regional and category-specific brands.

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