SEB (OTCMKTS:SEBYF) Trading Down 8.7% – Here’s Why

SEB SA (OTCMKTS:SEBYFGet Free Report)’s share price traded down 8.7% during mid-day trading on Thursday . The company traded as low as C$61.59 and last traded at C$63.30. Approximately 210 shares were traded during trading, a decline of 33% from the average session volume of 312 shares. The stock had previously closed at C$69.30.

Wall Street Analysts Forecast Growth

Separately, Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of SEB in a report on Wednesday. One equities research analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold”.

Get Our Latest Report on SEB

SEB Stock Performance

The stock has a 50-day moving average of C$57.40 and a two-hundred day moving average of C$56.32.

About SEB

(Get Free Report)

SEB SA designs, manufactures, and markets small domestic equipment worldwide. It offers kitchen electrics, such as deep fryers, rice cookers, electrical pressure cookers, informal meal appliances, waffle makers, grills, toasters, multicookers, filter and pod coffee makers, espresso machines, electrical kettles, home beer-taps, soy milk makers, blenders, cooking food processors, kitchen machines, mixers, and beaters. The company also provides home and personal care, which includes irons and steam generators, garment steamers, canister vacuum cleaners with or without dust bag, steam and upright vacuum cleaners, vacuum weepers, versatile vacuums, fans, heaters, air treatment appliances, hair care appliances, depilators, and bathroom scales.

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