Shares of Stabilus S.A. (OTCMKTS:SBLUY – Get Free Report) shot up 10.9% during mid-day trading on Friday. The stock traded as high as $10.31 and last traded at $10.31. Approximately 200 shares traded hands during trading, a decline of 79% from the average daily volume of 939 shares. The stock had previously closed at $9.30.
Stabilus Stock Performance
The company has a 50 day moving average of $10.31 and a 200-day moving average of $10.31.
About Stabilus
Stabilus SE is a Germany-based manufacturer of motion-control components and systems. The company develops and produces gas springs, dampers, electromechanical drives, and related solutions designed to control, support, and safely move or position components in a wide range of applications.
Stabilus supplies products to the automotive industry, where its components are used in applications such as vehicle hoods, trunks, tailgates, seating, and interior systems. Its industrial business serves markets including furniture, healthcare, machinery, energy, and other equipment manufacturers.
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