Zumtobel Group (OTCMKTS:ZMTBY) Shares Down 7.7%

Shares of Zumtobel Group AG (OTCMKTS:ZMTBYGet Rating) dropped 7.7% during trading on Wednesday . The stock traded as low as €3.00 ($3.06) and last traded at €3.00 ($3.06). Approximately 200 shares traded hands during trading, an increase of 71% from the average daily volume of 117 shares. The stock had previously closed at €3.25 ($3.32).

Zumtobel Group Trading Down 7.7 %

The company’s 50-day moving average is €5.17 and its 200 day moving average is €6.01.

About Zumtobel Group

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Zumtobel Group AG operates in the lighting industry worldwide. The company operates through two segments, Lighting and Components. It offers a range of products and services, including light management systems, components, and luminaires, as well as professional solutions for indoor and outdoor lighting applications.

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