Wienerberger (OTCMKTS:WBRBY) Share Price Crosses Above Fifty Day Moving Average – Here’s Why

Shares of Wienerberger AG (OTCMKTS:WBRBYGet Free Report) passed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $6.29 and traded as high as $7.26. Wienerberger shares last traded at $7.19, with a volume of 3,582 shares.

Wall Street Analyst Weigh In

Separately, UBS Group began coverage on shares of Wienerberger in a report on Tuesday, October 14th. They issued a “neutral” rating for the company. One research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Buy”.

Get Our Latest Research Report on WBRBY

Wienerberger Stock Up 2.7%

The company’s 50 day moving average price is $6.29 and its 200 day moving average price is $6.77.

About Wienerberger

(Get Free Report)

Wienerberger AG produces and sells clay blocks, facing bricks, roof tiles, and pavers in Europe. It operates through Wienerberger Building Solutions, Wienerberger Piping Solutions, and North America segments. The company offers wall, façade, and roof system for single, two, and multi-family homes, and non-residential construction; paving and water management for gardens, pavements, and parking areas; and electrical cooling and heating installation, drinking water and wastewater, garden irrigation, irrigation systems and water storage.

Further Reading

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