u-blox (OTCMKTS:UBLXF) Shares Down 1.2% – Here’s Why

u-blox Holding AG (OTCMKTS:UBLXF) shares fell 1.2% during mid-day trading on Tuesday . The stock traded as low as $163.31 and last traded at $163.31. 3 shares were traded during trading, a decline of 100% from the average session volume of 619 shares. The stock had previously closed at $165.37.

u-blox Trading Down 1.2%

The firm’s 50 day simple moving average is $162.24 and its two-hundred day simple moving average is $165.19.

About u-blox

u-blox Holding AG (OTCMKTS: UBLXF) is a Swiss fabless semiconductor company specializing in positioning and wireless communication technologies. Founded in 1997 and headquartered in Thalwil, Switzerland, u-blox develops and markets a broad portfolio of global navigation satellite system (GNSS) receivers, cellular modules, short-range radio modules and chips, as well as accompanying software and services. These solutions enable precise positioning, reliable cellular connectivity and low-power wireless communication for a diverse range of applications.

The company’s GNSS product lineup includes cost-optimized modules and high-precision chips that support multi-constellation satellite systems such as GPS, GLONASS, Galileo and BeiDou.