Wienerberger (OTCMKTS:WBRBY) Shares Cross Above Fifty Day Moving Average – What’s Next?

Wienerberger AG (OTCMKTS:WBRBY) shares crossed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $6.62 and traded as high as $6.89. Wienerberger shares last traded at $6.89, with a volume of 4,737 shares trading hands.

Analyst Upgrades and Downgrades

Separately, UBS Group started coverage on Wienerberger in a research note on Tuesday, October 14th. They set a “neutral” rating for the company. One research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Buy”.

Wienerberger Trading Down 1.0%

The company’s 50-day simple moving average is $6.62 and its 200 day simple moving average is $6.75.

About Wienerberger

Wienerberger AG is a leading international supplier of building materials and infrastructure solutions, headquartered in Vienna, Austria. The company specializes in clay blocks and facing bricks, as well as concrete and plastic pipe systems for water management and energy distribution. Wienerberger’s products are designed to meet a wide range of architectural and engineering requirements, combining durability with energy efficiency and aesthetic appeal.

In its brick division, Wienerberger offers a variety of clay brick formats under well-known brands, catering to both residential and commercial construction.