Ratos AB (publ) (OTCMKTS:RTOBF) Shares Up 24.8% – Here’s What Happened

Ratos AB (publ) (OTCMKTS:RTOBFGet Free Report) shares were up 24.8% during mid-day trading on Tuesday . The stock traded as high as $3.92 and last traded at $3.92. Approximately 300 shares changed hands during mid-day trading, a decline of 98% from the average daily volume of 15,050 shares. The stock had previously closed at $3.14.

Ratos AB (publ) Stock Up 24.8%

The stock’s 50 day simple moving average is $3.61 and its two-hundred day simple moving average is $3.60.

Ratos AB (publ) Company Profile

(Get Free Report)

Ratos AB (publ) is a Sweden‐based private equity and investment company that acquires, develops and divests medium‐sized businesses across a variety of industries. The firm operates as an active owner, providing strategic guidance, operational support and financial resources to help its portfolio companies accelerate growth. Ratos typically targets businesses with established market positions in the industrial, service and consumer sectors.

The company’s portfolio spans sectors such as industrial technology, building and construction products, consumer goods and business services.

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