Securitas AB (publ) (OTCMKTS:SCTBF) Stock Price Up 11.6% – Here’s Why

Securitas AB (publ) (OTCMKTS:SCTBF)’s stock price rose 11.6% during mid-day trading on Tuesday . The stock traded as high as $18.55 and last traded at $18.55. Approximately 1,060 shares were traded during mid-day trading, an increase of 19% from the average daily volume of 892 shares. The stock had previously closed at $16.6250.

Securitas AB (publ) Price Performance

The firm’s 50-day moving average is $16.45 and its 200-day moving average is $15.89.

About Securitas AB (publ)

Securitas AB (publ) is a global provider of security services, offering a comprehensive range of protective solutions to corporate, public sector and private clients. The company’s core business activities include manned guarding, mobile patrols, remote monitoring, electronic security systems and security consulting. Through its integrated approach, Securitas combines on-site personnel with technology-driven services to tailor security programs that address the specific needs of each client.

Founded in 1934 and headquartered in Stockholm, Sweden, Securitas has grown through both organic expansion and acquisitions.