Swedish Match AB (publ) (OTCMKTS:SWMAY) Shares Cross Above 50-Day Moving Average – Here’s Why

Swedish Match AB (publ) (OTCMKTS:SWMAY) shares crossed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $10.57 and traded as high as $10.57. Swedish Match AB (publ) shares last traded at $10.57, with a volume of 200 shares.

Swedish Match AB (publ) Price Performance

The company has a market capitalization of $16.12 billion, a PE ratio of 24.02 and a beta of 0.41. The stock has a 50-day simple moving average of $10.57 and a 200 day simple moving average of $10.57.

About Swedish Match AB (publ)

Swedish Match AB engages in the manufacture and trade of lighters and tobacco products. It operates through the following segments: Snus and Moist Snuff; Other Tobacco Products; Lights; and Other Operations. The Snus and Moist Snuff segment produces and markets smokeless cigarettes. The Other Tobacco Products segment manufactures and sells chewing tobacco and cigars.