Wienerberger (OTCMKTS:WBRBY) Stock Passes Above Fifty Day Moving Average – Time to Sell?

Wienerberger AG (OTCMKTS:WBRBYGet Free Report)’s stock price crossed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $6.23 and traded as high as $6.95. Wienerberger shares last traded at $6.95, with a volume of 14,389 shares changing hands.

Analysts Set New Price Targets

Separately, UBS Group started coverage on Wienerberger in a research report on Tuesday, October 14th. They set a “neutral” rating for the company. One analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and one has given a Hold rating to the company. According to MarketBeat, the company presently has a consensus rating of “Buy”.

Check Out Our Latest Research Report on WBRBY

Wienerberger Stock Performance

The firm’s 50-day moving average is $6.23 and its 200-day moving average is $6.83.

Wienerberger Company Profile

(Get Free Report)

Wienerberger AG produces and sells clay blocks, facing bricks, roof tiles, and pavers in Europe. It operates through Wienerberger Building Solutions, Wienerberger Piping Solutions, and North America segments. The company offers wall, façade, and roof system for single, two, and multi-family homes, and non-residential construction; paving and water management for gardens, pavements, and parking areas; and electrical cooling and heating installation, drinking water and wastewater, garden irrigation, irrigation systems and water storage.

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