Wienerberger (OTCMKTS:WBRBY) Shares Pass Above 50-Day Moving Average – What’s Next?

Wienerberger AG (OTCMKTS:WBRBYGet Free Report)’s stock price passed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $6.83 and traded as high as $6.9090. Wienerberger shares last traded at $6.87, with a volume of 7,280 shares.

Analyst Upgrades and Downgrades

Separately, UBS Group initiated coverage on shares of Wienerberger in a research note on Tuesday, October 14th. They set a “neutral” rating on the stock. One research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat.com, Wienerberger currently has a consensus rating of “Buy”.

View Our Latest Report on WBRBY

Wienerberger Stock Up 3.4%

The firm’s 50-day moving average is $6.83 and its 200 day moving average is $6.68.

Wienerberger Company Profile

(Get Free Report)

Wienerberger AG is a leading international supplier of building materials and infrastructure solutions, headquartered in Vienna, Austria. The company specializes in clay blocks and facing bricks, as well as concrete and plastic pipe systems for water management and energy distribution. Wienerberger’s products are designed to meet a wide range of architectural and engineering requirements, combining durability with energy efficiency and aesthetic appeal.

In its brick division, Wienerberger offers a variety of clay brick formats under well-known brands, catering to both residential and commercial construction.

Further Reading

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