BELIMO (OTCMKTS:BLHWF) Shares Up 0% – Time to Buy?

BELIMO Holding AG (OTCMKTS:BLHWF)’s stock price shot up 0% on Thursday . The stock traded as high as $1,174.91 and last traded at $1,174.91. 8 shares changed hands during trading, a decline of 92% from the average session volume of 100 shares. The stock had previously closed at $1,174.91.

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on the stock. Jefferies Financial Group reiterated a “buy” rating on shares of BELIMO in a research report on Wednesday. Morgan Stanley lowered shares of BELIMO from an “equal weight” rating to an “underweight” rating in a research note on Tuesday, September 2nd. One investment analyst has rated the stock with a Buy rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold”.

BELIMO Stock Up 0.0%

The stock’s 50 day moving average is $1,174.91 and its two-hundred day moving average is $1,015.66.

BELIMO Company Profile

BELIMO Holding AG, together with its subsidiaries, develops, produces, distributes, and sells damper actuators, control valves, sensors, and meters for heating, ventilation, and air conditioning systems in Europe, the Middle East, Africa, the Americas, and the Asia Pacific. It offers HVAC damper actuators, including non fail-safe and fail safe actuators; fast running and linear actuators; fire damper and smoke control actuators; variable air volume; valve actuators; actuators for harsh environmental conditions; and damper actuator accessories.