ASSA ABLOY AB (publ) (OTCMKTS:ASAZF) Stock Price Down 2.9% – Time to Sell?

ASSA ABLOY AB (publ) (OTCMKTS:ASAZF) shares fell 2.9% during trading on Monday . The company traded as low as $37.8240 and last traded at $37.8240. 135 shares were traded during trading, a decline of 98% from the average session volume of 5,870 shares. The stock had previously closed at $38.95.

ASSA ABLOY AB (publ) Price Performance

The business has a 50 day moving average price of $37.40 and a 200-day moving average price of $35.25.

About ASSA ABLOY AB (publ)

ASSA ABLOY AB (publ) is a Swedish manufacturer and global provider of door opening solutions, operating across a comprehensive range of mechanical and electromechanical hardware, access control systems, identification technologies and services. The company’s product portfolio includes locks, door closers, hinges, security doors and frames, intelligent entrance systems, biometrics, electronic access control, safe locks and digital door locks. These offerings are designed to enhance safety, convenience and efficiency for residential, commercial, institutional and industrial customers.

Founded in 1994 through the merger of ASSA in Sweden and Abloy in Finland, ASSA ABLOY has grown through organic development and acquisitions, establishing a broad footprint of production sites, research centers and sales offices.