Brembo S.p.A. (OTCMKTS:BRBOF – Get Free Report)’s stock price rose 6.1% during trading on Tuesday . The company traded as high as $10.50 and last traded at $10.50. Approximately 500 shares were traded during mid-day trading, a decline of 85% from the average daily volume of 3,359 shares. The stock had previously closed at $9.90.
Analyst Ratings Changes
Separately, UBS Group reiterated a “neutral” rating on shares of Brembo in a report on Tuesday, December 2nd. One investment analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, the stock has an average rating of “Hold”.
Read Our Latest Research Report on BRBOF
Brembo Trading Up 6.1%
Brembo Company Profile
Brembo S.p.A. (OTCMKTS:BRBOF) is a global leader in high-performance braking systems, serving the automotive, motorcycle and commercial vehicle markets. The company designs, develops and manufactures disc brakes, callipers, brake discs, drums and electronic brake control systems under its flagship Brembo brand. Its product range also includes carbon-ceramic composite brakes, master cylinders, hydraulic clutches and suspension components, catering to OEMs, the aftermarket and professional motorsport teams.
Since its founding in 1961 in Curno, Italy, Brembo has built a reputation for engineering excellence and innovation.
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