Shares of Fielmann Group AG (OTCMKTS:FLMNY – Get Free Report) traded down 13.7% during mid-day trading on Tuesday . The company traded as low as $9.10 and last traded at $9.10. Approximately 10,599 shares were traded during trading, an increase of 646% from the average daily volume of 1,420 shares. The stock had previously closed at $10.54.
Fielmann Group Stock Performance
The company’s 50 day moving average price is $9.90 and its 200 day moving average price is $9.94.
Fielmann Group Company Profile
Fielmann Group is a European eyewear retailer headquartered in Hamburg, Germany. Established in 1972 by Günther Fielmann, the company has grown to become one of the continent’s largest integrated optical providers. Fielmann’s core operations encompass the design, manufacture and retail of prescription frames, sunglasses, contact lenses and hearing aids. The group operates a network of over 800 retail stores across more than ten European countries, serving a broad customer base with a focus on quality and value.
Fielmann’s business model combines a vertically integrated supply chain with a retail‐led distribution network.
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