Arçelik Anonim Sirketi (OTCMKTS:ACKAY) Shares Down 6% – Here’s What Happened
by Amy Steele · The Cerbat GemArçelik Anonim Sirketi (OTCMKTS:ACKAY – Get Free Report)’s share price traded down 6% on Monday . The company traded as low as $12.69 and last traded at $12.69. 166 shares were traded during trading, a decline of 87% from the average session volume of 1,273 shares. The stock had previously closed at $13.50.
Arçelik Anonim Sirketi Price Performance
The firm has a 50-day simple moving average of $13.97 and a 200 day simple moving average of $13.79.
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.