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L E Lundbergföretagen AB (publ) (OTCMKTS:LBGUF – Get Free Report)’s stock price shot up 40.2% on Tuesday . The stock traded as high as $62.00 and last traded at $62.00. 100 shares were traded during trading, a decline of 85% from the average session volume of 650 shares. The stock had previously closed at $44.21.
L E Lundbergföretagen AB (publ) Price Performance
The firm has a 50-day moving average price of $46.11 and a 200-day moving average price of $45.89.
About L E Lundbergföretagen AB (publ)
L E Lundbergföretagen AB (publ) is a Swedish investment company with a diversified portfolio spanning real estate and equity holdings in both listed and unlisted companies. Founded in 1944 by Lars Erik Lundberg, the company has grown under the leadership of CEO Fredrik Lundberg and remains majority-owned by the Lundberg family. Headquartered near Stockholm, L E Lundbergföretagen focuses on long-term value creation through active ownership, combining property development and strategic financial investments.
The company’s real estate segment encompasses commercial and residential properties primarily in Sweden’s major metropolitan areas, including Stockholm, Gothenburg and Malmö.
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