Brembo (OTCMKTS:BRBOF) Trading Down 3.9% – Should You Sell?

Brembo S.p.A. (OTCMKTS:BRBOFGet Free Report)’s share price dropped 3.9% on Friday . The company traded as low as $10.85 and last traded at $10.85. Approximately 196 shares traded hands during mid-day trading, a decline of 92% from the average daily volume of 2,309 shares. The stock had previously closed at $11.29.

Brembo Price Performance

The business’s 50-day moving average is $11.13 and its two-hundred day moving average is $11.55.

Brembo Company Profile

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Brembo S.p.A., together with its subsidiaries, designs, develops, produces, and sells braking systems and components for cars, motorbikes, and industrial vehicles and machinery. It operates through Discs Systems Motorbikes; and Aftermarket Performance Group segments. The company offers various products for car and commercial vehicle applications, including brake discs, brake calipers, side-wheel modules, and braking systems, as well as integrated engineering services for light commercial and heavy industrial vehicles, motorbikes, and racing competitions.

Further Reading

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