Meyer Burger Technology (OTCMKTS:MYBUF) Shares Cross Below 50 Day Moving Average – What’s Next?

Meyer Burger Technology AG (OTCMKTS:MYBUFGet Free Report)’s share price passed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $1.73 and traded as low as $0.53. Meyer Burger Technology shares last traded at $0.53, with a volume of 3,000 shares changing hands.

Meyer Burger Technology Trading Down 57.9 %

The company’s fifty day moving average price is $1.73 and its 200-day moving average price is $2.14.

About Meyer Burger Technology

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Meyer Burger Technology AG, a technology company, produces and sells solar cells and modules. The company operates through Modules, Photovoltaics, and Specialized Technologies segments. It offers the products based on proprietary Heterojunction/SmartWire technologies. In addition, the company provides balcony power plants and solar roof tiles.

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