Billerud AB (publ) (OTCMKTS:BLRDF) Shares Up 19.1% – Time to Buy?

Billerud AB (publ) (OTCMKTS:BLRDF)’s stock price shot up 19.1% during trading on Friday . The company traded as high as $11.31 and last traded at $11.31. 3,755 shares traded hands during mid-day trading, an increase of 526% from the average session volume of 600 shares. The stock had previously closed at $9.50.

Billerud AB (publ) Stock Up 19.1%

The business’s 50 day simple moving average is $11.48 and its 200 day simple moving average is $10.14.

Billerud AB (publ) Company Profile

Billerud AB (publ) provides paper and packaging materials worldwide. It operates through Region Europe, Region North America, and Solutions & Other segments. The Region Europe segment manufactures and sells liquid packaging board, kraft paper, containerboard, cartonboard, sack paper and market pulp, which are primarily used to produce packaging for food and beverages, industrial, medical and hygiene, as well as consumer and luxury goods.