Chocoladefabriken Lindt & Sprüngli (OTCMKTS:LDSVF) Share Price Crosses Above 50 Day Moving Average – Here’s Why

Chocoladefabriken Lindt & Sprüngli AG (OTCMKTS:LDSVF)’s stock price crossed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $14,546.54 and traded as high as $16,864.5296. Chocoladefabriken Lindt & Sprüngli shares last traded at $16,864.5290, with a volume of 5 shares traded.

Chocoladefabriken Lindt & Sprüngli Price Performance

The firm has a 50 day moving average price of $14,546.54 and a two-hundred day moving average price of $14,935.75.

About Chocoladefabriken Lindt & Sprüngli

Chocoladefabriken Lindt & Sprüngli AG, trading on the OTC market under the symbol LDSVF, is a Swiss chocolatier renowned for its premium confectionery. Headquartered in Kilchberg, Switzerland, the company’s portfolio encompasses a variety of chocolate bars, truffles, pralines, seasonal specialties and gift assortments marketed under brands such as Lindt, Ghirardelli, Russell Stover and Caffarel. Products are sold through multiple channels, including supermarkets, duty-free shops, specialty retailers and Lindt’s own boutiques and cafés.

Founded in 1845 by David Sprüngli-Schwarz and his son Rudolf Sprüngli-Ammann, the company introduced significant innovations to chocolate production, most notably the conching process that underpins modern chocolate texture.