BELIMO (OTCMKTS:BLHWF) Shares Up 0.5% – Time to Buy?

BELIMO Holding AG (OTCMKTS:BLHWFGet Free Report)’s share price was up 0.5% on Wednesday . The stock traded as high as $986.35 and last traded at $986.35. Approximately 2 shares were traded during trading, a decline of 96% from the average daily volume of 51 shares. The stock had previously closed at $981.3750.

Analysts Set New Price Targets

Separately, Jefferies Financial Group reiterated a “buy” rating on shares of BELIMO in a research note on Wednesday, October 22nd. One investment analyst has rated the stock with a Buy rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold”.

Check Out Our Latest Research Report on BELIMO

BELIMO Trading Up 0.5%

The stock’s 50-day simple moving average is $1,060.81 and its 200 day simple moving average is $1,095.56.

BELIMO Company Profile

(Get Free Report)

Belimo Holding AG (OTCMKTS:BLHWF) is a Switzerland‐based manufacturer and developer of actuators, control valves, sensors and other control solutions for heating, ventilation and air‐conditioning (HVAC) systems. The company’s products are designed to optimize energy efficiency, indoor comfort and operational reliability in commercial, residential and industrial buildings.

Founded in 1975 and headquartered in Hinwil, Switzerland, Belimo has grown into a global specialist in HVAC system control.

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