Groupe Bruxelles Lambert (OTCMKTS:GBLBY) Shares Up 4.1% – Here’s Why

Groupe Bruxelles Lambert SA (OTCMKTS:GBLBYGet Free Report) shares were up 4.1% during mid-day trading on Monday . The stock traded as high as $9.9915 and last traded at $9.9915. Approximately 335 shares were traded during trading, a decline of 70% from the average daily volume of 1,112 shares. The stock had previously closed at $9.60.

Analyst Ratings Changes

Separately, Citigroup reiterated a “neutral” rating on shares of Groupe Bruxelles Lambert in a research report on Friday, November 21st. One equities research analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, Groupe Bruxelles Lambert has an average rating of “Hold”.

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Groupe Bruxelles Lambert Price Performance

The company has a 50-day moving average price of $9.27 and a 200-day moving average price of $8.98.

Groupe Bruxelles Lambert Company Profile

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Groupe Bruxelles Lambert (OTCMKTS:GBLBY) is a Belgian investment holding company headquartered in Brussels. Established in 1972 through the consolidation of two family-controlled investment entities, GBL has evolved into one of Europe’s leading diversified investment groups. The company’s strategy focuses on long-term value creation through active ownership and stewardship, positioning itself as a stable partner to the companies in which it invests.

GBL maintains a broad portfolio spanning multiple sectors, including consumer goods, healthcare, energy, materials and financial services.

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