Bénéteau (OTCMKTS:BTEAF) Trading Up 2.5% – Here’s Why

Bénéteau S.A. (OTCMKTS:BTEAFGet Free Report) shares traded up 2.5% during mid-day trading on Wednesday . The stock traded as high as $5.77 and last traded at $5.77. Approximately 200 shares changed hands during mid-day trading, a decline of 38% from the average daily volume of 325 shares. The stock had previously closed at $5.63.

Bénéteau Price Performance

The stock’s 50-day moving average price is $7.05 and its 200-day moving average price is $7.99.

About Bénéteau

(Get Free Report)

Bénéteau SA, headquartered in Saint-Gilles-Croix-de-Vie, France, is one of the world’s leading leisure marine manufacturers. The company specializes in the design, production and distribution of sailing yachts, motorboats and catamarans under a portfolio of well-known brands. Its products range from dayboats and family cruisers to luxury multihull vessels, catering to both private owners and charter operators.

With roots dating back to the late 19th century as a family-run shipyard, Bénéteau entered the fiberglass boat market in the 1960s and steadily expanded through organic growth and strategic acquisitions.

Further Reading

Receive News & Ratings for Bénéteau Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Bénéteau and related companies with MarketBeat.com's FREE daily email newsletter.