AAC Clyde Space AB (publ) (OTC:ACCMF) Trading 14.5% Higher – Still a Buy?

AAC Clyde Space AB (publ) (OTC:ACCMF)’s stock price rose 14.5% during mid-day trading on Monday . The stock traded as high as $13.40 and last traded at $13.40. Approximately 501 shares traded hands during trading, a decline of 59% from the average daily volume of 1,208 shares. The stock had previously closed at $11.70.

AAC Clyde Space AB (publ) Price Performance

The business has a 50-day simple moving average of $9.14 and a 200 day simple moving average of $11.14.

AAC Clyde Space AB (publ) Company Profile

AAC Clyde Space AB (publ) manufactures and sells miniaturized and advanced subsystems and components for cube and small satellites in Sweden, the United Kingdom, rest of Europe, the United States, Asia, and internationally. The company offers command and data handling, batteries, electrical power systems, laser and radio communications systems, solar arrays, lightweight structure solutions, payload solutions, attitude determination and control systems, propulsion systems, and smallsat technologies.