Brembo (OTCMKTS:BRBOF) Stock Price Down 3.9% – Should You Sell?

Brembo S.p.A. (OTCMKTS:BRBOFGet Free Report)’s share price traded down 3.9% during mid-day trading on Friday . The company traded as low as $10.85 and last traded at $10.85. 196 shares changed hands during trading, a decline of 92% from the average session volume of 2,309 shares. The stock had previously closed at $11.29.

Brembo Price Performance

The company’s fifty day simple moving average is $11.13 and its 200 day simple moving average is $11.54.

About Brembo

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Brembo S.p.A., together with its subsidiaries, designs, develops, produces, and sells braking systems and components for cars, motorbikes, and industrial vehicles and machinery. It operates through Discs Systems Motorbikes; and Aftermarket Performance Group segments. The company offers various products for car and commercial vehicle applications, including brake discs, brake calipers, side-wheel modules, and braking systems, as well as integrated engineering services for light commercial and heavy industrial vehicles, motorbikes, and racing competitions.

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