Ülker Bisküvi Sanayi A.S. (OTCMKTS:UELKY) Shares Up 7.4% – Still a Buy?

Ülker Bisküvi Sanayi A.S. (OTCMKTS:UELKYGet Free Report)’s stock price shot up 7.4% on Monday . The company traded as high as $27.00 and last traded at $27.00. 200 shares were traded during trading, an increase of 50% from the average session volume of 133 shares. The stock had previously closed at $25.15.

Ülker Bisküvi Sanayi A.S. Stock Performance

The company’s 50-day simple moving average is $25.97 and its 200-day simple moving average is $25.02.

Ülker Bisküvi Sanayi A.S. Company Profile

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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.

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