Arjo AB (publ) (OTCMKTS:ARRJF) Trading Up 2.4% – Still a Buy?

Arjo AB (publ) (OTCMKTS:ARRJF) shares shot up 2.4% during mid-day trading on Monday . The company traded as high as $3.35 and last traded at $3.35. 1,100 shares were traded during trading, an increase of 450% from the average session volume of 200 shares. The stock had previously closed at $3.27.

Arjo AB (publ) Price Performance

The firm’s fifty day simple moving average is $3.27 and its 200-day simple moving average is $3.16.

Arjo AB (publ) Company Profile

Arjo AB (publ) develops and sells medical devices and solutions for patients for clinical and financial outcomes for healthcare in Europe, Asia and Pacific, South America, Africa, and internationally. It offers products and solutions for patient handling, hygiene, disinfection, medical beds, pressure injury prevention, diagnostics, prevention of deep vein thrombosis and treatment of edema, leg ulcer treatment and prevention, and for obstetric and cardiac diagnostics.