Intrum AB (publ) (OTCMKTS:ITJTY) Stock Price Down 4.7% – Here’s What Happened

Intrum AB (publ) (OTCMKTS:ITJTY – Get Free Report)’s stock price dropped 4.7% on Monday. The company traded as low as $0.2199 and last traded at $0.6250. 1,552 shares were traded during mid-day trading, a decline of 34% from the average daily volume of 2,336 shares. The stock had previously closed at $0.6560.

Intrum AB (publ) Stock Performance

The firm’s 50-day simple moving average is $0.42 and its two-hundred day simple moving average is $1.71.

About Intrum AB (publ)

(Get Free Report)

Intrum AB (publ) is a Sweden-based credit management services company that helps businesses and financial institutions manage credit risk and recover outstanding payments. Its services include accounts receivable management, debt collection, credit information, payment services and related advisory solutions. Intrum works with clients across sectors such as banking, financial services, telecommunications, utilities and retail.

The company also acquires and manages portfolios of overdue or non-performing receivables.

Recommended Stories

Receive News & Ratings for Intrum AB (publ) Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Intrum AB (publ) and related companies with MarketBeat.com's FREE daily email newsletter.