EQT AB (publ) (OTCMKTS:EQBBF) Trading 9.2% Higher – What’s Next?

Shares of EQT AB (publ) (OTCMKTS:EQBBF) traded up 9.2% during trading on Friday . The company traded as high as $35.50 and last traded at $35.50. Approximately 18,565 shares traded hands during mid-day trading, an increase of 256% from the average session volume of 5,213 shares. The stock had previously closed at $32.50.

Analyst Upgrades and Downgrades

Several research analysts recently weighed in on EQBBF shares. Citigroup lowered shares of EQT AB (publ) from a “buy” rating to a “neutral” rating in a research note on Monday, April 13th. Oddo Bhf raised shares of EQT AB (publ) to an “outperform” rating in a research report on Monday, June 8th. One equities research analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy”.

EQT AB (publ) Trading Up 9.2%

The stock has a 50-day moving average price of $31.07 and a 200 day moving average price of $31.65.

About EQT AB (publ)

EQT AB (publ) is a leading global investment organization offering private equity, infrastructure, real assets and credit strategies. Through its subsidiaries and funds, the company partners with portfolio companies at various stages of development, providing capital, operational expertise and strategic support to drive growth and value creation. EQT’s investment activities span a range of industries, including healthcare, technology, industrials and consumer goods, where it seeks to bolster innovation and long-term performance.

Founded in 1994 and headquartered in Stockholm, Sweden, EQT has evolved from a single Swedish buyout fund into one of Europe’s foremost private markets investors.