Thule Group AB (publ) (OTCMKTS:THUPY) Downgraded by Danske to “Hold”

Thule Group AB (publ) (OTCMKTS:THUPY) was downgraded by stock analysts at Danske from a “buy” rating to a “hold” rating in a research report issued to clients and investors on Friday, The Fly reports.

Shares of THUPY stock opened at $24.29 on Friday. Thule Group AB has a 52 week low of $7.00 and a 52 week high of $31.42. The company’s fifty day simple moving average is $24.01 and its 200-day simple moving average is $19.80.

Thule Group AB (publ) Company Profile

Thule Group AB (publ) operates in the sports and outdoor sector worldwide. It offers roof racks; roof boxes; carriers for transporting bikes, water, and winter sports equipment and rooftop tents; awnings, bike carriers, and tents for RVs and caravans; bike trailers, child bike seats, and strollers; luggage, backpacks, and laptop bags; and hiking backpacks, camera bags, and cases for consumer electronics.

Read More: Stock Market – What is a circuit breaker?

The Fly

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