Beiersdorf Aktiengesellschaft (OTCMKTS:BDRFY) Sees Strong Trading Volume – Here’s Why

Shares of Beiersdorf Aktiengesellschaft (OTCMKTS:BDRFY) saw strong trading volume on Friday. 268,586 shares traded hands during trading, an increase of 6% from the previous session’s volume of 253,140 shares. The stock last traded at $18.77 and had previously closed at $18.57.

Wall Street Analyst Weigh In

Separately, Zacks Research lowered shares of Beiersdorf Aktiengesellschaft from a “hold” rating to a “strong sell” rating in a report on Friday, August 7th. One investment analyst has rated the stock with a Sell rating. According to MarketBeat.com, the company has an average rating of “Sell”.

Beiersdorf Aktiengesellschaft Stock Performance

The company’s 50-day simple moving average is $17.79 and its 200 day simple moving average is $17.46.

About Beiersdorf Aktiengesellschaft

Beiersdorf Aktiengesellschaft is a Germany-based consumer goods company headquartered in Hamburg. Founded in 1882, the company develops, manufactures and markets skin care, personal care and adhesive products for consumers and professional customers worldwide.

Its best-known brand is NIVEA, which offers facial care, body care, sun protection, deodorants and other skin care products. Beiersdorf also owns or markets brands including Eucerin, La Prairie, Aquaphor, Hansaplast and Coppertone, serving a range of mass-market, dermatological and premium skin care segments.

Through its tesa business, Beiersdorf supplies self-adhesive products and solutions for consumers, tradespeople and industrial customers.