Forvia (OTCMKTS:FURCF) Trading Up 13.9% – Here’s Why

Forvia SE (OTCMKTS:FURCF)’s stock price shot up 13.9% on Wednesday . The company traded as high as $16.75 and last traded at $16.75. 221 shares were traded during trading, a decline of 82% from the average session volume of 1,206 shares. The stock had previously closed at $14.70.

Analysts Set New Price Targets

FURCF has been the topic of a number of recent analyst reports. Barclays reiterated an “overweight” rating on shares of Forvia in a report on Wednesday, December 10th. Jefferies Financial Group reiterated a “buy” rating on shares of Forvia in a research note on Monday, October 27th. Three equities research analysts have rated the stock with a Buy rating and one has given a Sell rating to the company. According to data from MarketBeat, Forvia presently has a consensus rating of “Moderate Buy”.

Forvia Price Performance

The business’s 50-day simple moving average is $14.09 and its 200 day simple moving average is $13.16.

About Forvia

Forvia (OTCMKTS: FURCF) is a global automotive technology supplier formed through the combination of Faurecia and Hella. The company develops and manufactures a comprehensive portfolio of products and systems for vehicle interiors, emissions control and electronics. Its core offerings encompass seating structures, cockpit systems, exhaust and thermal management solutions, advanced lighting, driver assistance sensors and power electronics. Serving original equipment manufacturers (OEMs) across the automotive sector, Forvia focuses on innovation in sustainability, comfort and digitalization to meet evolving regulatory standards and consumer preferences.

With roots tracing back to the founding of Faurecia in 1997 and Hella in 1899, Forvia leverages more than a century of engineering expertise.