Trelleborg AB (publ) (OTCMKTS:TBABF) Stock Price Down 6.5% – Here’s What Happened

Trelleborg AB (publ) (OTCMKTS:TBABF) dropped 6.5% during trading on Wednesday . The company traded as low as $31.67 and last traded at $31.67. Approximately 921 shares traded hands during mid-day trading, an increase of 163% from the average daily volume of 350 shares. The stock had previously closed at $33.86.

Trelleborg AB (publ) Stock Performance

The firm’s 50 day moving average is $33.17 and its 200 day moving average is $33.89.

Trelleborg AB (publ) Company Profile

Trelleborg AB (publ) provides engineered polymer solutions for seal, damp, and protect critical applications worldwide. The company offers antivibration solutions; automotive boots and noise damping; bearings and bushings; engineered coated fabrics; engineered molded parts; fenders, docking, and mooring; floatover; and fluid handling solutions.