Investor AB (STO:INVE-A)’s stock price crossed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $449.76 and traded as high as $473.20. Investor shares last traded at $473.00, with a volume of 78,252 shares traded.
The stock has a fifty day moving average of SEK 449.76 and a 200-day moving average of SEK 438.31.
About Investor (STO:INVE-A)
Investor AB is a Sweden-based industrial holding company. Its operations are divided into three business segments: Listed Core Investments, EQT and Patricia Industries. The Listed Core Investments segment consists of listed holdings, which embrace ABB, AstraZeneca, Atlas Copco, Electrolux, Ericsson, Husqvarna, Nasdaq, Saab, SEB, Sobi and Wartsila.
Further Reading: How does a security become overbought?
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