SEB (OTC:SEBYF) Shares Down 11% – Here’s Why

SEB SA (OTC:SEBYFGet Free Report)’s share price dropped 11% during mid-day trading on Monday . The stock traded as low as C$99.00 and last traded at C$99.00. Approximately 1 shares changed hands during trading, a decline of 100% from the average daily volume of 243 shares. The stock had previously closed at C$111.19.

SEB Stock Performance

The company’s 50-day simple moving average is C$105.58 and its 200-day simple moving average is C$109.51.

About SEB

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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.

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