Stabilus (OTCMKTS:SBLUY) Stock Price Down 1.4%

Stabilus S.A. (OTCMKTS:SBLUYGet Rating)’s share price traded down 1.4% during mid-day trading on Monday . The stock traded as low as $10.74 and last traded at $10.74. 200 shares changed hands during mid-day trading, a decline of 81% from the average session volume of 1,065 shares. The stock had previously closed at $10.89.

Several research analysts have recently issued reports on the stock. JPMorgan Chase & Co. upgraded shares of Stabilus from an “underweight” rating to an “overweight” rating in a report on Tuesday, April 26th. Societe Generale lowered their target price on shares of Stabilus from €65.00 ($68.42) to €48.00 ($50.53) in a report on Wednesday, May 4th.

The stock’s 50 day moving average is $10.19 and its two-hundred day moving average is $11.99.

About Stabilus (OTCMKTS:SBLUY)

Stabilus SA, together with its subsidiaries, manufactures and sells gas springs and dampers, and electric tailgate opening and closing equipment in Europe and internationally. The company offers non-locking, locking, and swivel chair gas springs; motion and vibration dampers; and electric motor drives and CAD-configurators, as well as services and spare parts.

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