Beiersdorf Aktiengesellschaft (OTCMKTS:BDRFY) Shares Gap Down – Time to Sell?

Beiersdorf Aktiengesellschaft (OTCMKTS:BDRFY) gapped down before the market opened on Tuesday. The stock had previously closed at $18.86, but opened at $17.8101. Beiersdorf Aktiengesellschaft shares last traded at $17.8101, with a volume of 630 shares.

Wall Street Analysts Forecast Growth

Separately, Zacks Research downgraded Beiersdorf Aktiengesellschaft from a “hold” rating to a “strong sell” rating in a research note on Friday, August 7th. One analyst has rated the stock with a Sell rating. Based on data from MarketBeat.com, the stock presently has an average rating of “Sell”.

Beiersdorf Aktiengesellschaft Price Performance

The firm’s 50 day moving average price is $17.81 and its 200-day moving average price is $18.73.

About Beiersdorf Aktiengesellschaft

Beiersdorf Aktiengesellschaft is a Germany-based consumer goods company headquartered in Hamburg. Founded in 1882, the company develops, manufactures and markets skin care, personal care and adhesive products for consumers and professional customers worldwide.

Its best-known brand is NIVEA, which offers facial care, body care, sun protection, deodorants and other skin care products. Beiersdorf also owns or markets brands including Eucerin, La Prairie, Aquaphor, Hansaplast and Coppertone, serving a range of mass-market, dermatological and premium skin care segments.

Through its tesa business, Beiersdorf supplies self-adhesive products and solutions for consumers, tradespeople and industrial customers.