Swedish Match AB Stock Falls Below 50-day Moving Average

Business by 2FIRSTS.ai

Jan.03.2024

Swedish Match AB Stock Falls Below 50-day Moving Average

Swedish Match AB's stock drops below 50-day moving average, reaching $10.57 with a trading volume of 200 shares.

According to a report by Dailypolitical today (January 3, 2024), shares of Swedish Match AB dropped below the 50-day moving average line in Tuesday's (January 2) trading. The stock price reached a low of $10.57 at one point, and its latest trading price also stands at $10.57, with a trading volume of 200 shares.

According to estimates, the market value of the Swedish match company is $16.12 billion, with a price-earnings ratio of 24.02 and a beta coefficient of 0.41. Both the 50-day moving average and the 200-day moving average stand at $10.57.

References:

[1] Swedish Match AB (publ) (OTCMKTS:SWMAY) Stock Price Passes Below Fifty Day Moving Average of $10.57

Also Read:

[1] Sweden Urges WHO to Focus on Smokeless Alternatives

[2] Sweden: First Smoke-Free Country in Europe Thanks to Controversial "Snus"

[3] TACJA Nicotine Pouches Launched in UK, Switzerland, and Sweden

#Europe #North America #Traditional tobacco #Market #Sweden

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