Beiersdorf Aktiengesellschaft (OTCMKTS:BDRFY) Sees Strong Trading Volume – Should You Buy?

Beiersdorf Aktiengesellschaft (OTCMKTS:BDRFY) shares saw an uptick in trading volume on Friday. 268,586 shares changed hands during trading, an increase of 6% from the previous session’s volume of 253,140 shares. The stock last traded at $18.77 and had previously closed at $18.57.

Analyst Upgrades and Downgrades

Separately, Zacks Research lowered Beiersdorf Aktiengesellschaft from a “hold” rating to a “strong sell” rating in a research note on Friday, August 7th. One investment analyst has rated the stock with a Sell rating. Based on data from MarketBeat.com, the stock has an average rating of “Sell”.

Beiersdorf Aktiengesellschaft Stock Up 1.4%

The firm’s 50-day moving average is $17.79 and its two-hundred day moving average is $17.46.

Beiersdorf Aktiengesellschaft Company Profile

Beiersdorf Aktiengesellschaft is a Germany-based consumer goods company headquartered in Hamburg. Founded in 1882, the company develops, manufactures and markets skin care, personal care and adhesive products for consumers and professional customers worldwide.

Its best-known brand is NIVEA, which offers facial care, body care, sun protection, deodorants and other skin care products. Beiersdorf also owns or markets brands including Eucerin, La Prairie, Aquaphor, Hansaplast and Coppertone, serving a range of mass-market, dermatological and premium skin care segments.

Through its tesa business, Beiersdorf supplies self-adhesive products and solutions for consumers, tradespeople and industrial customers.