Fielmann Group (OTCMKTS:FLMNY) Trading Down 12.8% – Here’s What Happened

Shares of Fielmann Group AG (OTCMKTS:FLMNY) traded down 12.8% during trading on Tuesday . The stock traded as low as $10.2050 and last traded at $10.2050. 570 shares traded hands during mid-day trading, an increase of 45% from the average session volume of 393 shares. The stock had previously closed at $11.70.

Fielmann Group Trading Down 12.8%

The firm’s fifty day simple moving average is $11.69 and its 200-day simple moving average is $12.40.

Fielmann Group Company Profile

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.