Forvia (OTCMKTS:FURCF) Trading 3% Higher – Here’s Why

Forvia SE (OTCMKTS:FURCF)’s stock price shot up 3% during trading on Tuesday . The stock traded as high as $16.90 and last traded at $16.90. 351 shares changed hands during trading, a decline of 96% from the average session volume of 9,130 shares. The stock had previously closed at $16.41.

Analysts Set New Price Targets

Several research analysts have issued reports on FURCF shares. Jefferies Financial Group restated a “buy” rating on shares of Forvia in a research report on Monday, October 27th. Citigroup reissued a “sell” rating on shares of Forvia in a research note on Thursday, January 29th. Finally, Barclays reaffirmed an “overweight” rating on shares of Forvia in a research report on Wednesday, December 10th. Three analysts have rated the stock with a Buy rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy”.

Forvia Stock Up 3.0%

The firm has a 50 day moving average of $15.74 and a 200-day moving average of $14.08.

Forvia Company Profile

Forvia (OTCMKTS: FURCF) is a global automotive technology supplier formed through the combination of Faurecia and Hella. The company develops and manufactures a comprehensive portfolio of products and systems for vehicle interiors, emissions control and electronics. Its core offerings encompass seating structures, cockpit systems, exhaust and thermal management solutions, advanced lighting, driver assistance sensors and power electronics. Serving original equipment manufacturers (OEMs) across the automotive sector, Forvia focuses on innovation in sustainability, comfort and digitalization to meet evolving regulatory standards and consumer preferences.

With roots tracing back to the founding of Faurecia in 1997 and Hella in 1899, Forvia leverages more than a century of engineering expertise.