Investor AB (publ) (OTCMKTS:IVSBF) Trading Up 3.4% – Still a Buy?

Investor AB (publ) (OTCMKTS:IVSBFGet Free Report)’s stock price shot up 3.4% on Wednesday . The company traded as high as $38.00 and last traded at $38.00. 19,520 shares traded hands during trading, an increase of 136% from the average session volume of 8,287 shares. The stock had previously closed at $36.75.

Wall Street Analysts Forecast Growth

Separately, Citigroup reiterated a “sell” rating on shares of Investor AB (publ) in a report on Wednesday, October 15th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat, Investor AB (publ) has a consensus rating of “Sell”.

Check Out Our Latest Stock Analysis on Investor AB (publ)

Investor AB (publ) Price Performance

The stock has a 50-day simple moving average of $34.34 and a two-hundred day simple moving average of $32.04.

Investor AB (publ) Company Profile

(Get Free Report)

Investor AB (publ) is a Stockholm‐based investment company with a diversified portfolio spanning industrial, automotive, financial and life science sectors. As one of Europe’s leading active owners, Investor AB combines strategic long‐term shareholdings in publicly traded companies with targeted private equity investments and venture capital initiatives. The group seeks to foster sustainable growth through board representation, strategic guidance and value‐added partnerships, prioritizing companies with strong market positions and potential for innovation.

The company’s public equity holdings include notable global names such as ABB, Atlas Copco, Ericsson, Saab and Volvo, alongside a significant stake in SEB.

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