Investor AB (publ) (OTCMKTS:IVSBF) Shares Down 0.8% – Here’s What Happened

Investor AB (publ) (OTCMKTS:IVSBF)’s stock price dropped 0.8% during trading on Tuesday . The stock traded as low as $30.45 and last traded at $30.45. Approximately 2,962 shares traded hands during trading, a decline of 35% from the average daily volume of 4,536 shares. The stock had previously closed at $30.71.

Wall Street Analyst Weigh In

Separately, Citigroup reissued a “sell” rating on shares of Investor AB (publ) in a research report on Wednesday, June 18th. One analyst has rated the stock with a Sell rating, According to MarketBeat.com, Investor AB (publ) presently has a consensus rating of “Sell”.

Investor AB (publ) Price Performance

The firm’s 50-day moving average price is $30.23 and its two-hundred day moving average price is $29.71.

Investor AB (publ) Company Profile

Investor AB (publ) is a private equity firm specializing in mature, middle market, buyouts and growth capital investments. For core investments, the firm invests in health care, financial services, IT and fintech sectors and considers investments in listed companies in leading minority positions. The firm seeks to invest globally.