Chocoladefabriken Lindt & Sprüngli (OTCMKTS:LDSVF) Shares Pass Below Fifty Day Moving Average of $10,712.36

Chocoladefabriken Lindt & Sprüngli AG (OTCMKTS:LDSVFGet Rating)’s share price crossed below its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of $10,712.36 and traded as low as $9,934.49. Chocoladefabriken Lindt & Sprüngli shares last traded at $9,934.49, with a volume of 20 shares.

Analysts Set New Price Targets

Separately, Berenberg Bank boosted their target price on shares of Chocoladefabriken Lindt & Sprüngli from CHF 9,500 to CHF 10,200 in a report on Thursday, July 28th.

Chocoladefabriken Lindt & Sprüngli Trading Down 5.4 %

The company’s fifty day moving average price is $10,712.36 and its 200-day moving average price is $10,562.77.

About Chocoladefabriken Lindt & Sprüngli

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Chocoladefabriken Lindt & Sprüngli AG, together with its subsidiaries, engages in the manufacture and sale of chocolate products worldwide. The company sells its products under the Lindt, Ghirardelli, Russell Stover, Whitman's, Caffarel, Hofbauer, Küfferle, and Pangburn's brands. It serves customers through a network of distributors, as well as through approximately 500 own shops.

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