Forvia (OTCMKTS:FURCF) Shares Down 10% – Here’s Why

Forvia SE (OTCMKTS:FURCF)’s stock price traded down 10% during trading on Tuesday . The company traded as low as $10.16 and last traded at $10.16. 4,022 shares traded hands during trading, a decline of 51% from the average session volume of 8,285 shares. The stock had previously closed at $11.2898.

Analysts Set New Price Targets

A number of brokerages recently issued reports on FURCF. Citigroup reiterated a “sell” rating on shares of Forvia in a report on Thursday, January 29th. Barclays reaffirmed an “overweight” rating on shares of Forvia in a research report on Wednesday, December 10th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of Forvia in a report on Wednesday, February 25th. Two research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, Forvia has a consensus rating of “Hold”.

Forvia Price Performance

The firm’s fifty day moving average price is $14.82 and its 200 day moving average price is $14.09.

About Forvia

Forvia (OTCMKTS: FURCF) is a global automotive technology supplier formed through the combination of Faurecia and Hella. The company develops and manufactures a comprehensive portfolio of products and systems for vehicle interiors, emissions control and electronics. Its core offerings encompass seating structures, cockpit systems, exhaust and thermal management solutions, advanced lighting, driver assistance sensors and power electronics. Serving original equipment manufacturers (OEMs) across the automotive sector, Forvia focuses on innovation in sustainability, comfort and digitalization to meet evolving regulatory standards and consumer preferences.

With roots tracing back to the founding of Faurecia in 1997 and Hella in 1899, Forvia leverages more than a century of engineering expertise.