Ülker Bisküvi Sanayi A.S. (OTCMKTS:UELKY) Shares Up 3.8% – Here’s What Happened

Ülker Bisküvi Sanayi A.S. (OTCMKTS:UELKY) shot up 3.8% during mid-day trading on Thursday . The stock traded as high as $27.00 and last traded at $27.00. 210 shares traded hands during trading, a decline of 55% from the average session volume of 470 shares. The stock had previously closed at $26.00.

Ülker Bisküvi Sanayi A.S. Stock Performance

The company’s 50 day moving average is $26.50 and its 200-day moving average is $25.46.

Ülker Bisküvi Sanayi A.S. Company Profile

Ülker Bisküvi Sanayi A.Ş., trading in the over-the-counter market in the U.S. under the symbol UELKY, is a leading Turkish manufacturer of biscuits, cakes, crackers, chocolates and confectionery. Headquartered in Istanbul, the company operates a network of modern production facilities across Turkey and has established itself as one of the country’s most recognized food brands. Its product portfolio spans biscuits, wafers, chocolate-coated snacks and sweet breads, catering to both everyday consumption and seasonal occasions.

Established in 1944 by the Uzer family, Ülker has grown from a single bakery into a multinational biscuit and confectionery group.