Südzucker (OTCMKTS:SUEZY) Shares Up 22.9% – Here’s Why

Südzucker AG (OTCMKTS:SUEZY) shares shot up 22.9% during mid-day trading on Thursday . The stock traded as high as C$7.00 and last traded at C$7.00. 1,106 shares changed hands during trading, a decline of 72% from the average session volume of 3,934 shares. The stock had previously closed at C$5.70.

Südzucker Trading Up 22.9%

The firm has a 50-day moving average of C$5.72 and a 200-day moving average of C$5.73.

Südzucker Company Profile

Südzucker AG is a Germany-based producer and supplier of sugar and related products, recognized as the largest beet sugar company in Europe. Established in 1926 through the merger of several regional sugar factories, the company has expanded its reach over decades to serve industrial and retail customers worldwide.

The company’s core activities center on the cultivation and processing of sugar beets into refined sugar for food and beverage applications. Beyond conventional sugar, Südzucker’s business comprises specialty ingredients—including functional starches, sweeteners and stabilizers—fruit preparations for the dairy and bakery sectors, and bioethanol production with associated animal feed by-products under its CropEnergies division.

Headquartered in Mannheim, Germany, Südzucker operates production sites and sales offices across more than 30 locations in Europe and supports export activities in North America and Asia.