BELIMO (OTCMKTS:BLHWF) Stock Price Up 6.8% – Should You Buy?

BELIMO Holding AG (OTCMKTS:BLHWFGet Free Report)’s share price traded up 6.8% during trading on Wednesday . The company traded as high as $1,052.9399 and last traded at $1,052.9399. 5 shares traded hands during mid-day trading, a decline of 95% from the average session volume of 100 shares. The stock had previously closed at $986.35.

Analyst Upgrades and Downgrades

Separately, Jefferies Financial Group reaffirmed a “buy” rating on shares of BELIMO in a report on Thursday. One equities research analyst has rated the stock with a Buy rating and one has assigned a Sell rating to the stock. According to MarketBeat, BELIMO presently has an average rating of “Hold”.

Check Out Our Latest Stock Analysis on BELIMO

BELIMO Stock Up 6.8%

The firm has a fifty day moving average of $1,055.80 and a 200-day moving average of $1,107.51.

BELIMO Company Profile

(Get Free Report)

Belimo Holding AG (OTCMKTS:BLHWF) is a Switzerland‐based manufacturer and developer of actuators, control valves, sensors and other control solutions for heating, ventilation and air‐conditioning (HVAC) systems. The company’s products are designed to optimize energy efficiency, indoor comfort and operational reliability in commercial, residential and industrial buildings.

Founded in 1975 and headquartered in Hinwil, Switzerland, Belimo has grown into a global specialist in HVAC system control.

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