Ülker Bisküvi Sanayi A.S. (OTCMKTS:UELKY) Shares Climb 7.2% – Here’s Why

Ülker Bisküvi Sanayi A.S. (OTCMKTS:UELKY – Get Free Report) rose 7.2% on Thursday. The stock traded as high as $16.0750 and last traded at $16.0750. Approximately 244 shares traded hands during mid-day trading, a decline of 27% from the average daily volume of 336 shares. The stock had previously closed at $15.00.

Ülker Bisküvi Sanayi A.S. Stock Performance

The business has a 50 day simple moving average of $17.83 and a 200-day simple moving average of $23.82.

Ülker Bisküvi Sanayi A.S. Company Profile

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Ülker Bisküvi Sanayi A.Ş. is a Türkiye-based food manufacturer and a member of Yıldız Holding. Founded in 1944 by Sabri Ülker, the company has grown from a biscuit producer into a broad packaged-food business serving consumers in Türkiye and international markets.

The company produces and markets biscuits, cookies, wafers, crackers, cakes, chocolate-coated products and other snack foods. Its products are sold under the Ülker brand, one of Türkiye’s best-known food brands, and are distributed through retail and other food-service channels.

Ülker Bisküvi operates manufacturing facilities in Türkiye and has an international presence through exports and overseas operations.

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