Meyer Burger Technology (OTCMKTS:MYBUF) Stock Price Crosses Below 50-Day Moving Average – Here’s What Happened

Shares of Meyer Burger Technology AG (OTCMKTS:MYBUFGet Free Report) passed below its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $0.05 and traded as low as $0.02. Meyer Burger Technology shares last traded at $0.02, with a volume of 6 shares.

Meyer Burger Technology Stock Performance

The firm’s 50-day moving average is $0.05 and its 200 day moving average is $0.02.

Meyer Burger Technology Company Profile

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Meyer Burger Technology AG is a Switzerland‐based company specializing in the development and production of advanced photovoltaic equipment and solar modules. The company’s core business revolves around supplying manufacturing systems for the solar industry, including technologies for wafer slicing, cell structuring, coating, and module assembly. Meyer Burger’s product portfolio also extends to turnkey production lines, performance optimization solutions and after‐sales services, catering to both equipment manufacturers and solar panel producers worldwide.

In recent years, Meyer Burger has expanded its activities beyond equipment supply by establishing its own module production facilities.

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