Fielmann Group (OTCMKTS:FLMNY) Stock Price Down 1.1% – Here’s Why

Fielmann Group AG (OTCMKTS:FLMNYGet Free Report)’s share price fell 1.1% on Friday . The company traded as low as $9.00 and last traded at $9.00. Approximately 1,412 shares were traded during mid-day trading, a decline of 1% from the average session volume of 1,420 shares. The stock had previously closed at $9.10.

Fielmann Group Stock Down 1.1%

The company has a fifty day moving average of $9.53 and a 200-day moving average of $9.81.

About Fielmann Group

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Fielmann Group is a European eyewear retailer headquartered in Hamburg, Germany. Established in 1972 by Günther Fielmann, the company has grown to become one of the continent’s largest integrated optical providers. Fielmann’s core operations encompass the design, manufacture and retail of prescription frames, sunglasses, contact lenses and hearing aids. The group operates a network of over 800 retail stores across more than ten European countries, serving a broad customer base with a focus on quality and value.

Fielmann’s business model combines a vertically integrated supply chain with a retail‐led distribution network.

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