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NIBE Industrier AB (publ) (OTCMKTS:NDRBF – Get Free Report) shares dropped 1.4% during mid-day trading on Wednesday . The stock traded as low as $3.51 and last traded at $3.51. Approximately 100 shares traded hands during trading, a decline of 96% from the average daily volume of 2,336 shares. The stock had previously closed at $3.56.
NIBE Industrier AB (publ) Stock Performance
The stock’s 50-day moving average price is $3.97 and its 200 day moving average price is $4.00.
About NIBE Industrier AB (publ)
NIBE Industrier AB (publ) is a Sweden‐based industrial group specializing in sustainable climate and energy solutions. Founded in Markaryd in 1952, the company designs, manufactures and markets a broad portfolio of products that promote energy efficiency in residential, commercial and industrial settings. NIBE’s offerings span heat pumps, hot water solutions, electric heating elements, and ventilation systems under a variety of well‐known brand names.
The company operates through several business segments.
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