Stabilus (OTCMKTS:SBLUY) Stock Jumps 10.9% – Time to Buy?

Shares of Stabilus S.A. (OTCMKTS:SBLUY – Get Free Report) rose 10.9% on Friday. The company traded as high as $10.31 and last traded at $10.31. 200 shares traded hands during trading, a decline of 79% from the average daily volume of 939 shares. The stock had previously closed at $9.30.

Stabilus Price Performance

The firm has a 50-day moving average price of $10.31 and a 200-day moving average price of $10.31.

About Stabilus

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Stabilus SE is a Germany-based manufacturer of motion-control solutions for automotive and industrial applications. The company develops and produces gas springs, dampers, electromechanical drives and related systems that assist, control or automate the movement of components.

Its products are used in applications such as vehicle hoods, tailgates, seating systems, doors and storage compartments, as well as industrial machinery, furniture, medical equipment and other engineered products.

Further Reading

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