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Shares of Ratos AB (publ) (OTCMKTS:RTOBF – Get Free Report) dropped 14.3% during trading on Wednesday . The stock traded as low as $3.42 and last traded at $3.42. Approximately 1,320 shares were traded during mid-day trading, a decline of 78% from the average daily volume of 6,033 shares. The stock had previously closed at $3.99.
Ratos AB (publ) Price Performance
The firm’s fifty day moving average price is $3.81 and its 200 day moving average price is $3.70.
About Ratos AB (publ)
Ratos AB (publ) is a Sweden‐based private equity and investment company that acquires, develops and divests medium‐sized businesses across a variety of industries. The firm operates as an active owner, providing strategic guidance, operational support and financial resources to help its portfolio companies accelerate growth. Ratos typically targets businesses with established market positions in the industrial, service and consumer sectors.
The company’s portfolio spans sectors such as industrial technology, building and construction products, consumer goods and business services.
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