ASSA ABLOY AB (publ) (OTCMKTS:ASAZF) Shares Pass Below 50-Day Moving Average – Here’s What Happened

ASSA ABLOY AB (publ) (OTCMKTS:ASAZF) shares passed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $31.66 and traded as low as $31.35. ASSA ABLOY AB (publ) shares last traded at $31.35, with a volume of 100 shares trading hands.

ASSA ABLOY AB (publ) Price Performance

The stock’s 50 day simple moving average is $31.70 and its 200-day simple moving average is $29.32.

About ASSA ABLOY AB (publ)

ASSA ABLOY AB (publ) provides door opening and access products, solutions, and services for the institutional, commercial, and residential markets in Europe, the Middle East, India, Africa, North and South America, Asia, and Oceania. The company provides digital access solutions, such as electronic access control ecosystem, wireless solutions, electronic key solutions, standalone access solutions, and wired solutions; swing, revolving, and sliding doors; mechanical products, including hinges, lever handles, mortise lockcases, euro profile cylinders, panic exit devices, door closers, floor spring, and general hardware; and doors.