Verbio (OTCMKTS:VBVBF) Shares Down 23.1% – Here’s Why

Verbio SE (OTCMKTS:VBVBFGet Free Report) was down 23.1% during trading on Friday . The stock traded as low as $12.30 and last traded at $12.30. Approximately 400 shares traded hands during mid-day trading, a decline of 64% from the average daily volume of 1,100 shares. The stock had previously closed at $16.00.

Verbio Price Performance

The business’s 50-day moving average price is $16.44 and its 200 day moving average price is $18.85.

Verbio Company Profile

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Verbio SE engages in the production and distribution of fuels and finished products in Germany, Europe, North America, and internationally. It operates through Biodiesel, Bioethanol/Biomethane, and Other segments. The company provides verbiodiesel, verbioglycerin, verbioethanol, and verbiogas; olefin metathesis catalysts; animal feeds, such as Verbio Proti Flow and Verbio Grain Pro; phytosterols under the Sterocellent brand; and liquid fertilizer.

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