Bilfinger (OTCMKTS:BFLBY) Shares Down 12.2% – Here’s Why

Bilfinger SE (OTCMKTS:BFLBYGet Free Report) was down 12.2% during trading on Friday . The company traded as low as $20.25 and last traded at $20.25. Approximately 346 shares changed hands during mid-day trading, a decline of 66% from the average daily volume of 1,013 shares. The stock had previously closed at $23.0750.

Bilfinger Stock Down 12.2%

The firm has a 50 day simple moving average of $22.16 and a two-hundred day simple moving average of $20.61.

Bilfinger Company Profile

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Bilfinger SE provides industrial services to customers in the process industry primarily in Europe, North America, and the Middle East. The company offers engineering, project, maintenance, turnaround, rotating equipment, and inspection services. It also provides new construction and decommissioning of nuclear power plants, treatment of radioactive waste, and nuclear fusion services.

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