Wienerberger (OTCMKTS:WBRBY) Share Price Crosses Below 50-Day Moving Average – Should You Sell?

Wienerberger AG (OTCMKTS:WBRBY) shares crossed below its 50 day moving average during trading on Monday . The stock has a 50 day moving average of $5.50 and traded as low as $5.01. Wienerberger shares last traded at $5.01, with a volume of 8,255 shares.

Analysts Set New Price Targets

Separately, Citigroup reiterated a “buy” rating on shares of Wienerberger in a research note on Monday, May 18th. One investment analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy”.

Wienerberger Trading Down 6.2%

The firm’s fifty day moving average is $5.50 and its 200-day moving average is $6.18.

Wienerberger (OTCMKTS:WBRBY) last posted its quarterly earnings results on Wednesday, May 13th. The company reported ($0.07) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.04) by ($0.03). The company had revenue of $1.20 billion for the quarter, compared to analysts’ expectations of $1.24 billion.

About Wienerberger

Wienerberger AG is a leading international supplier of building materials and infrastructure solutions, headquartered in Vienna, Austria. The company specializes in clay blocks and facing bricks, as well as concrete and plastic pipe systems for water management and energy distribution. Wienerberger’s products are designed to meet a wide range of architectural and engineering requirements, combining durability with energy efficiency and aesthetic appeal.

In its brick division, Wienerberger offers a variety of clay brick formats under well-known brands, catering to both residential and commercial construction.