Wienerberger (OTCMKTS:WBRBY) Stock Price Passes Below 50-Day Moving Average of $4.54

Wienerberger AG (OTCMKTS:WBRBYGet Rating)’s stock price crossed below its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of $4.54 and traded as low as $4.49. Wienerberger shares last traded at $4.49, with a volume of 473 shares trading hands.

Wall Street Analysts Forecast Growth

Separately, Berenberg Bank lowered their price objective on shares of Wienerberger from €43.00 ($43.88) to €38.00 ($38.78) in a research note on Monday, June 13th.

Wienerberger Stock Performance

The firm’s 50 day moving average price is $4.55 and its 200 day moving average price is $5.04.

Wienerberger Company Profile

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Wienerberger AG produces and sells bricks, roof tiles, concrete pavers, and pipe systems in Europe. It operates through Wienerberger Building Solutions, Wienerberger Piping Solutions, and North America segments. The company offers clay blocks for exterior walls, load and non-load-bearing interior walls, and partition walls, as well as for infill and separating walls under the Porotherm and POROTON brand names; facing bricks for façades under the Terca brand, and ceramic façade tiles under the Argeton brand for hospitals, schools, factories, and offices; clay roof tiles under the Koramic, Sandtoft, and Tondach brands; vitrified clay pipes and fittings, shafts, and accessories for sewage systems; and concrete and clay pavements for various applications that include pedestrian zones, public spaces in train stations or airports, and private terraces or gardens under the Semmelrock brand name, as well as paving bricks and terrace tiles under the Penter brand.

Further Reading

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