Beiersdorf Aktiengesellschaft (OTCMKTS:BDRFY) Sees Unusually-High Trading Volume – Here’s Why

Shares of Beiersdorf Aktiengesellschaft (OTCMKTS:BDRFY) saw strong trading volume on Friday . Approximately 757,851 shares traded hands during trading, an increase of 163% from the previous session’s volume of 288,268 shares.The stock last traded at $17.1850 and had previously closed at $16.95.

Analyst Ratings Changes

Separately, Zacks Research upgraded Beiersdorf Aktiengesellschaft to a “hold” rating in a research report on Thursday, April 30th. One research analyst has rated the stock with a Hold rating, According to MarketBeat.com, the company has an average rating of “Hold”.

Beiersdorf Aktiengesellschaft Stock Up 2.0%

The firm has a market cap of $18.76 billion and a PE ratio of 35.77. The company’s 50 day moving average price is $16.72 and its two-hundred day moving average price is $19.72.

About Beiersdorf Aktiengesellschaft

Beiersdorf Aktiengesellschaft, trading in the United States under the symbol BDRFY, is a German consumer goods company specializing in skin care and adhesive technologies. Founded in Hamburg in 1882, Beiersdorf has grown into a global player in personal care, developing and marketing products designed to maintain and restore skin health. The company’s core business segments encompass consumer skin care, medical skin care, and tesa adhesive technologies, serving both retail and professional customers.

In its consumer skin care division, Beiersdorf is best known for its flagship NIVEA brand, one of the world’s leading skin care names.