Meyer Burger Technology (OTCMKTS:MYBUF) Stock Price Up 115.9% – Should You Buy?

Meyer Burger Technology AG (OTCMKTS:MYBUFGet Free Report) shares rose 115.9% during mid-day trading on Monday . The stock traded as high as $4.00 and last traded at $3.54. Approximately 3,074 shares traded hands during mid-day trading, an increase of 402% from the average daily volume of 612 shares. The stock had previously closed at $1.64.

Meyer Burger Technology Price Performance

The firm’s fifty day moving average is $1.34 and its 200-day moving average is $2.29.

About Meyer Burger Technology

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Meyer Burger Technology AG, a technology company, produces and sells solar cells and modules. The company operates through Modules, Photovoltaics, and Specialized Technologies segments. It offers the products based on proprietary Heterojunction/SmartWire technologies. In addition, the company provides balcony power plants and solar roof tiles.

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