Bénéteau (OTCMKTS:BTEAF) Stock Price Up 2.5% – Here’s Why

Shares of Bénéteau S.A. (OTCMKTS:BTEAFGet Free Report) were up 2.5% during trading on Wednesday . The company traded as high as $5.77 and last traded at $5.77. 200 shares traded hands during mid-day trading, a decline of 38% from the average session volume of 325 shares. The stock had previously closed at $5.63.

Bénéteau Stock Performance

The company’s 50-day moving average is $7.05 and its two-hundred day moving average is $7.99.

About Bénéteau

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Bénéteau SA, headquartered in Saint-Gilles-Croix-de-Vie, France, is one of the world’s leading leisure marine manufacturers. The company specializes in the design, production and distribution of sailing yachts, motorboats and catamarans under a portfolio of well-known brands. Its products range from dayboats and family cruisers to luxury multihull vessels, catering to both private owners and charter operators.

With roots dating back to the late 19th century as a family-run shipyard, Bénéteau entered the fiberglass boat market in the 1960s and steadily expanded through organic growth and strategic acquisitions.

Further Reading

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