Stabilus (OTCMKTS:SBLUY) Trading Up 10.9% – Here’s Why

Shares of Stabilus S.A. (OTCMKTS:SBLUYGet Free Report) were up 10.9% on Wednesday . The stock traded as high as $10.31 and last traded at $10.31. Approximately 200 shares traded hands during trading, a decline of 79% from the average daily volume of 939 shares. The stock had previously closed at $9.30.

Stabilus Stock Up 10.9%

The firm has a fifty day simple moving average of $10.31 and a 200-day simple moving average of $10.31.

About Stabilus

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Stabilus is a global developer and manufacturer of high-precision motion control systems, specializing in gas springs, dampers and electromechanical actuators. The company provides engineered solutions that regulate force and motion in applications ranging from automotive tailgates and hoods to furniture lifters, industrial machinery and medical equipment. Stabilus combines in-house design, metallurgy and testing capabilities to deliver products that enhance safety, comfort and performance.

Core product lines include gas springs, hydraulic dampers, electromechanical lift systems and energy-management solutions.

Further Reading

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