Brembo (OTCMKTS:BRBOF) Stock Price Down 1.5% – Here’s Why

Brembo S.p.A. (OTCMKTS:BRBOFGet Free Report)’s share price traded down 1.5% during mid-day trading on Tuesday . The stock traded as low as $8.55 and last traded at $8.55. 136 shares changed hands during mid-day trading, a decline of 98% from the average session volume of 6,976 shares. The stock had previously closed at $8.68.

Brembo Stock Down 1.5 %

The business’s fifty day simple moving average is $9.50 and its two-hundred day simple moving average is $9.81.

About Brembo

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Brembo S.p.A., together with its subsidiaries, designs, develops, produces, and sells braking systems and components for cars, motorbikes, and industrial vehicles and machinery. It operates through Discs Systems Motorbikes; and Aftermarket Performance Group segments. The company offers various products for car and commercial vehicle applications, including brake discs, brake calipers, side-wheel modules, and braking systems, as well as integrated engineering services for light commercial and heavy industrial vehicles, motorbikes, and racing competitions.

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