XBP Europe (NASDAQ:XBP) Trading Down 3.8% – Here’s Why

XBP Europe Holdings, Inc. (NASDAQ:XBPGet Free Report) was down 3.8% on Monday . The company traded as low as $1.21 and last traded at $1.21. Approximately 16,387 shares changed hands during mid-day trading, a decline of 97% from the average daily volume of 618,235 shares. The stock had previously closed at $1.26.

XBP Europe Stock Performance

The stock’s 50-day moving average price is $1.12 and its 200-day moving average price is $1.36.

About XBP Europe

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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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