Thule Group AB (publ) (OTCMKTS:THUPY) Shares Up 0.2% – Should You Buy?

Thule Group AB (publ) (OTCMKTS:THUPY)’s share price was up 0.2% during mid-day trading on Tuesday . The company traded as high as $12.6665 and last traded at $12.64. Approximately 1,453 shares were traded during mid-day trading, an increase of 13% from the average daily volume of 1,282 shares. The stock had previously closed at $12.6175.

Analyst Upgrades and Downgrades

Separately, UBS Group began coverage on shares of Thule Group AB (publ) in a research report on Thursday, December 11th. They set a “neutral” rating for the company. One equities research analyst has rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Thule Group AB (publ) currently has an average rating of “Moderate Buy”.

Thule Group AB (publ) Stock Performance

The business’s 50 day simple moving average is $12.83 and its two-hundred day simple moving average is $13.35.

Thule Group AB (publ) Company Profile

Thule Group AB (publ) is a leading global organizer of active lifestyles, headquartered in Malmö, Sweden. The company designs, develops and markets a broad portfolio of products that enable the transport, protection and storage of sports equipment and travel gear. Its core offerings include roof racks, bike racks, roof boxes, towbars and accessories for automobiles, as well as luggage, backpacks and other travel solutions.

Founded in 1942, Thule has evolved from a Swedish family enterprise into a multinational business with a presence in more than 140 countries.