XBP Europe (NASDAQ:XBP) Trading Down 0.9% – Here’s Why

Shares of XBP Europe Holdings, Inc. (NASDAQ:XBPGet Free Report) fell 0.9% during mid-day trading on Friday . The company traded as low as $1.06 and last traded at $1.06. 1,585 shares were traded during mid-day trading, a decline of 100% from the average session volume of 586,419 shares. The stock had previously closed at $1.07.

XBP Europe Price Performance

The company’s 50-day moving average is $1.13 and its 200-day moving average is $1.26.

XBP Europe Company Profile

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XBP Europe Holdings, Inc provides bills, payments, and related solutions and services in France, Germany, the United Kingdom, Sweden, and internationally. The company operates through two segments, Bills & Payments and Technology. The Bills & Payments segment focuses on optimizing how bills and payments are processed by businesses of all sizes and industries.

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