Iveco Group (OTCMKTS:IVCGF) Trading Down 1.2% – What’s Next?

Iveco Group (OTCMKTS:IVCGFGet Free Report)’s share price dropped 1.2% on Thursday . The stock traded as low as $22.1201 and last traded at $22.1201. Approximately 753 shares changed hands during mid-day trading, a decline of 90% from the average daily volume of 7,873 shares. The stock had previously closed at $22.40.

Iveco Group Stock Performance

The stock has a 50 day simple moving average of $22.09 and a 200-day simple moving average of $21.60.

About Iveco Group

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Iveco Group (OTCMKTS:IVCGF) is a global manufacturer of commercial vehicles and powertrain solutions headquartered in Turin, Italy. The company was established in January 2022 through the spin-off of the commercial and specialty vehicle activities from CNH Industrial. With decades of industrial experience tracing back to the original formation of Iveco in 1975, Iveco Group carries forward a heritage of innovation in trucking, bus manufacturing and engine design.

The company’s core business encompasses the design, manufacture and sale of a broad range of light, medium and heavy commercial vehicles under the Iveco brand.

Further Reading

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