Groupe Bruxelles Lambert SA (OTCMKTS:GBLBY – Get Free Report) shares passed above its 200-day moving average during trading on Thursday. The stock has a 200-day moving average of $9.26 and traded as high as $9.3475. Groupe Bruxelles Lambert shares last traded at $9.2740, with a volume of 5,563 shares trading hands.
Groupe Bruxelles Lambert Stock Up 0.5%
The company’s fifty day simple moving average is $8.50 and its 200-day simple moving average is $9.26.
About Groupe Bruxelles Lambert
Groupe Bruxelles Lambert (GBL) is a Belgian investment holding company that focuses on building a diversified portfolio of listed and private investments. The company takes a long-term approach to investing and seeks to support the development of businesses in which it holds significant positions.
GBL invests primarily in established companies across sectors such as consumer goods, business services, industrials, healthcare and technology. Its portfolio has included major European and international businesses, while its private-equity activities provide exposure to additional companies and investment strategies through affiliated platforms.
Founded in 1952, GBL is headquartered in Brussels and is listed on Euronext Brussels.
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