Südzucker (OTCMKTS:SUEZY) Trading Down 3.9% – Time to Sell?
by Tristan Rich · The Markets DailySüdzucker AG (OTCMKTS:SUEZY – Get Free Report) dropped 3.9% during mid-day trading on Friday . The company traded as low as C$6.71 and last traded at C$6.82. Approximately 423 shares were traded during mid-day trading, a decline of 84% from the average daily volume of 2,600 shares. The stock had previously closed at C$7.10.
Südzucker Trading Down 3.9%
The stock’s fifty day simple moving average is C$6.33 and its two-hundred day simple moving average is C$6.27.
Südzucker Company Profile
Südzucker AG is a Germany-based producer and supplier of sugar and related products, recognized as the largest beet sugar company in Europe. Established in 1926 through the merger of several regional sugar factories, the company has expanded its reach over decades to serve industrial and retail customers worldwide.
The company’s core activities center on the cultivation and processing of sugar beets into refined sugar for food and beverage applications. Beyond conventional sugar, Südzucker’s business comprises specialty ingredients—including functional starches, sweeteners and stabilizers—fruit preparations for the dairy and bakery sectors, and bioethanol production with associated animal feed by-products under its CropEnergies division.
Headquartered in Mannheim, Germany, Südzucker operates production sites and sales offices across more than 30 locations in Europe and supports export activities in North America and Asia.