NIBE Industrier AB (publ) (OTCMKTS:NDRBF) Trading Down 9% – Here’s Why

NIBE Industrier AB (publ) (OTCMKTS:NDRBF) dropped 9% during trading on Tuesday . The company traded as low as $3.79 and last traded at $3.79. Approximately 2,750 shares traded hands during mid-day trading, an increase of 109% from the average daily volume of 1,313 shares. The stock had previously closed at $4.17.

NIBE Industrier AB (publ) Stock Down 9.0 %

The business’s fifty day moving average price is $3.97 and its 200 day moving average price is $4.46.

About NIBE Industrier AB (publ)

NIBE Industrier AB (publ), together with its subsidiaries, develops, manufactures, markets, and sells various energy-efficient solutions for indoor climate comfort, and components and solutions for intelligent heating and control in Nordic countries, rest of Europe, North America, and internationally.