Shares of Chocoladefabriken Lindt & Sprüngli AG (OTCMKTS:LDSVF – Get Free Report) dropped 3% on Friday. The company traded as low as $10,350.00 and last traded at $10,533.2640. Approximately 4 shares changed hands during mid-day trading, a decline of 96% from the average daily volume of 100 shares. The stock had previously closed at $10,855.29.
Chocoladefabriken Lindt & Sprüngli Trading Down 3.0%
The firm has a 50-day simple moving average of $10,080.11 and a two-hundred day simple moving average of $12,158.75.
About Chocoladefabriken Lindt & Sprüngli
Chocoladefabriken Lindt & Sprüngli AG is a Switzerland-based chocolate and confectionery company headquartered in Kilchberg, near Zurich. Founded in 1845, the company became closely associated with premium chocolate after Rodolphe Lindt developed the conching process in 1879, which helped create chocolate with a smoother texture.
The company develops, manufactures and markets chocolate products including bars, pralines, truffles, boxed chocolates, spreads and seasonal items. Its principal brands include Lindt, Ghirardelli, Russell Stover, Caffarel, Hofbauer and Küfferle.
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