Chocoladefabriken Lindt & Sprüngli (OTCMKTS:LDSVF) Stock Crosses Above 50-Day Moving Average of $10,355.85

Chocoladefabriken Lindt & Sprüngli AG (OTCMKTS:LDSVF – Get Rating) shares crossed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $10,355.85 and traded as high as $11,100.00. Chocoladefabriken Lindt & Sprüngli shares last traded at $11,050.00, with a volume of 5 shares trading hands.

Wall Street Analysts Forecast Growth

LDSVF has been the subject of several recent research reports. Sanford C. Bernstein downgraded shares of Chocoladefabriken Lindt & Sprüngli from an “outperform” rating to a “market perform” rating in a research report on Monday, December 5th. Kepler Capital Markets cut Chocoladefabriken Lindt & Sprüngli from a “hold” rating to a “reduce” rating in a research report on Wednesday, October 26th.

Chocoladefabriken Lindt & Sprüngli Price Performance

The stock’s 50 day moving average price is $10,355.85 and its two-hundred day moving average price is $10,255.28.

Chocoladefabriken Lindt & Sprüngli Company Profile

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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.