Brembo S.p.A. (OTCMKTS:BRBOF – Get Free Report) traded down 10.7% during mid-day trading on Tuesday. The stock traded as low as $11.52 and last traded at $11.52. 109 shares were traded during trading, a decline of 97% from the average daily volume of 3,685 shares. The stock had previously closed at $12.90.
Brembo Price Performance
The firm has a 50-day moving average of $11.59 and a 200 day moving average of $11.76.
About Brembo
Brembo S.p.A. is an Italy-based manufacturer of braking systems and components for the automotive, motorcycle, commercial vehicle and racing industries. Its products include brake calipers, discs, pads, drums, master cylinders, complete braking systems and related electronic solutions.
The company supplies original equipment manufacturers, independent aftermarket customers and motorsport teams. Brembo’s product portfolio is used in passenger cars, high-performance and luxury vehicles, motorcycles, commercial vehicles and racing applications, with an emphasis on braking performance, safety, lightweight design and technology.
Founded in 1964 near Bergamo, Italy, Brembo has expanded from a local mechanical workshop into an international group serving customers across Europe, North America, Asia and other global markets.
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