Zumtobel Group (OTCMKTS:ZMTBY) Shares Down 8.5% – What’s Next?

Zumtobel Group AG (OTCMKTS:ZMTBYGet Free Report)’s share price was down 8.5% during trading on Thursday . The company traded as low as €1.92 and last traded at €1.92. Approximately 1,200 shares were traded during mid-day trading, an increase of 50% from the average daily volume of 800 shares. The stock had previously closed at €2.10.

Zumtobel Group Stock Performance

The business’s 50-day simple moving average is €2.37 and its two-hundred day simple moving average is €2.42.

About Zumtobel Group

(Get Free Report)

Zumtobel Group is an Austria-based lighting technology company founded in 1950 by Dr. Walter Zumtobel. Headquartered in Dornbirn, the group has grown into a leading supplier of professional lighting solutions for commercial, industrial and public spaces. Its core business encompasses the design, production and distribution of architectural luminaires, lighting management systems and components under the Zumtobel, Thorn and Tridonic brands.

The company’s product portfolio includes LED and conventional luminaires, intelligent control systems and modular components for interior and exterior applications.

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