Fabege AB (publ) (OTCMKTS:FBGGF) Shares Down 20.8% – What’s Next?

Fabege AB (publ) (OTCMKTS:FBGGF) was down 20.8% during mid-day trading on Thursday . The company traded as low as $7.26 and last traded at $7.26. Approximately 938 shares traded hands during mid-day trading, a decline of 24% from the average daily volume of 1,233 shares. The stock had previously closed at $9.17.

Fabege AB (publ) Price Performance

The business has a 50-day simple moving average of $8.18 and a 200-day simple moving average of $8.45.

About Fabege AB (publ)

Fabege AB (publ), a property company, focuses primarily on the development, investment, and management of commercial premises in Sweden. Its property portfolio comprises office, retail, industrial/warehouse, residential, hotel, and garage properties. The company also engages in the acquisition and sale of properties.