Investor AB (publ) (OTCMKTS:IVSBF) Shares Down 0.8% – What’s Next?

Shares of Investor AB (publ) (OTCMKTS:IVSBF) were down 0.8% during mid-day trading on Monday . The stock traded as low as $30.51 and last traded at $30.51. Approximately 1,809 shares changed hands during trading, a decline of 60% from the average daily volume of 4,545 shares. The stock had previously closed at $30.75.

Wall Street Analysts Forecast Growth

Separately, Citigroup reissued a “sell” rating on shares of Investor AB (publ) in a research note on Wednesday, June 18th. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock currently has a consensus rating of “Sell”.

Investor AB (publ) Stock Down 0.8%

The stock has a 50 day moving average price of $29.97 and a two-hundred day moving average price of $29.70.

Investor AB (publ) Company Profile

Investor AB (publ) is a private equity firm specializing in mature, middle market, buyouts and growth capital investments. For core investments, the firm invests in health care, financial services, IT and fintech sectors and considers investments in listed companies in leading minority positions. The firm seeks to invest globally.