Beiersdorf Aktiengesellschaft (OTCMKTS:BDRFY) Sees Large Volume Increase – Here’s Why

Shares of Beiersdorf Aktiengesellschaft (OTCMKTS:BDRFY) saw unusually-high trading volume on Friday . Approximately 757,851 shares changed hands during trading, an increase of 163% from the previous session’s volume of 288,268 shares.The stock last traded at $17.1850 and had previously closed at $16.95.

Wall Street Analyst Weigh In

Separately, Zacks Research raised Beiersdorf Aktiengesellschaft to a “hold” rating in a report on Thursday, April 30th. One research analyst has rated the stock with a Hold rating, According to MarketBeat, Beiersdorf Aktiengesellschaft presently has a consensus rating of “Hold”.

Beiersdorf Aktiengesellschaft Stock Performance

The stock has a market capitalization of $18.79 billion and a P/E ratio of 35.77. The firm has a 50-day moving average price of $16.70 and a 200 day moving average price of $19.71.

Beiersdorf Aktiengesellschaft Company Profile

Beiersdorf Aktiengesellschaft, trading in the United States under the symbol BDRFY, is a German consumer goods company specializing in skin care and adhesive technologies. Founded in Hamburg in 1882, Beiersdorf has grown into a global player in personal care, developing and marketing products designed to maintain and restore skin health. The company’s core business segments encompass consumer skin care, medical skin care, and tesa adhesive technologies, serving both retail and professional customers.

In its consumer skin care division, Beiersdorf is best known for its flagship NIVEA brand, one of the world’s leading skin care names.