Fielmann Group (OTCMKTS:FLMNF) Shares Down 11.1% – What’s Next?

Fielmann Group AG (OTCMKTS:FLMNFGet Free Report) shares were down 11.1% during trading on Friday . The company traded as low as $53.69 and last traded at $54.9499. Approximately 1,302 shares traded hands during trading, an increase of 459% from the average daily volume of 233 shares. The stock had previously closed at $61.84.

Fielmann Group Price Performance

The business has a 50-day moving average price of $60.11 and a two-hundred day moving average price of $60.60.

About Fielmann Group

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Fielmann Group is a leading European optical retailer that offers a comprehensive range of eyewear products and services. The company’s core activities include the sale and fitting of prescription eyeglasses, sunglasses, contact lenses and hearing aids, supported by on-site eye examinations and lens customization. Fielmann’s vertically integrated model combines in-house frame design, lens manufacturing and retail operations to deliver a broad assortment of private-label and licensed brands at competitive prices.

Founded in 1972 by Günther Fielmann, the company has grown from a single Hamburg shop into Europe’s largest optical retailer.

Further Reading

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