Arçelik Anonim Sirketi (OTCMKTS:ACKAY) Shares Down 10.1% – Time to Sell?
by Scott Moore · The Cerbat GemArçelik Anonim Sirketi (OTCMKTS:ACKAY – Get Free Report)’s stock price was down 10.1% during trading on Thursday . The company traded as low as $11.26 and last traded at $11.26. Approximately 507 shares traded hands during trading, a decline of 40% from the average daily volume of 841 shares. The stock had previously closed at $12.53.
Arçelik Anonim Sirketi Stock Performance
The business’s fifty day moving average is $13.08 and its 200 day moving average is $13.39.
About Arçelik Anonim Sirketi
Arçelik Anonim Şirketi is a Turkish multinational consumer durables and electronics company engaged in the design, manufacture and marketing of household appliances. As part of Koç Holding, one of Turkey’s largest industrial groups, Arçelik offers a broad portfolio of white goods including refrigerators, washing machines, dishwashers, ovens and cooking appliances, as well as small domestic appliances such as vacuum cleaners and air conditioners. The company markets its products under a variety of brands, notably Arçelik, Beko and Grundig, targeting both domestic and international markets.
With its headquarters in Istanbul, Arçelik maintains production facilities in Turkey and in key overseas locations across Europe, Asia, Africa and the Middle East.