AB Industrivärden (publ) (OTCMKTS:IDDTF) Stock Price Down 12.2% – What’s Next?

Shares of AB Industrivärden (publ) (OTCMKTS:IDDTF) traded down 12.2% during mid-day trading on Tuesday . The company traded as low as C$30.10 and last traded at C$30.10. 773 shares changed hands during mid-day trading, The stock had previously closed at C$34.30.

AB Industrivärden (publ) Price Performance

The stock has a 50 day simple moving average of C$34.13 and a 200-day simple moving average of C$33.50.

AB Industrivärden (publ) Company Profile

AB Industrivärden is a publicly owned investment manager. The firm invests in the public equity markets of Nordic region. It employs fundamental analysis, with a focus on factors like long term return potential, proven business model, balance between risk and return, and attractive valuation to create its portfolio.