Groupe Bruxelles Lambert (OTCMKTS:GBLBY) Trading Up 7.5% – Here’s Why

Groupe Bruxelles Lambert SA (OTCMKTS:GBLBYGet Free Report) traded up 7.5% on Tuesday . The company traded as high as $9.83 and last traded at $9.83. 224 shares changed hands during mid-day trading, a decline of 53% from the average session volume of 481 shares. The stock had previously closed at $9.14.

Wall Street Analysts Forecast Growth

Separately, Citigroup reaffirmed a “neutral” rating on shares of Groupe Bruxelles Lambert in a research report on Friday, November 21st. One research analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, the stock currently has an average rating of “Hold”.

View Our Latest Stock Analysis on Groupe Bruxelles Lambert

Groupe Bruxelles Lambert Trading Up 7.5%

The firm has a fifty day simple moving average of $8.82 and a 200-day simple moving average of $8.83.

About Groupe Bruxelles Lambert

(Get Free Report)

Groupe Bruxelles Lambert (OTCMKTS:GBLBY) is a Belgian investment holding company headquartered in Brussels. Established in 1972 through the consolidation of two family-controlled investment entities, GBL has evolved into one of Europe’s leading diversified investment groups. The company’s strategy focuses on long-term value creation through active ownership and stewardship, positioning itself as a stable partner to the companies in which it invests.

GBL maintains a broad portfolio spanning multiple sectors, including consumer goods, healthcare, energy, materials and financial services.

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