Compagnie Générale des Établissements Michelin Société en commandite par actions (OTCMKTS:MGDDF) Stock Price Passes Below 50 Day Moving Average of $37.00

Compagnie Générale des Établissements Michelin Société en commandite par actions (OTCMKTS:MGDDF) passed below its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of $37.00 and traded as low as $36.70. Compagnie Générale des Établissements Michelin Société en commandite par actions shares last traded at $36.83, with a volume of 6,064 shares.

Compagnie Générale des Établissements Michelin Société en commandite par actions Stock Down 2.6 %

The business has a 50 day moving average price of $37.15 and a 200 day moving average price of $34.08.

Institutional Investors Weigh In On Compagnie Générale des Établissements Michelin Société en commandite par actions

An institutional investor recently raised its position in Compagnie Générale des Établissements Michelin Société en commandite par actions stock. ARK Investment Management LLC increased its holdings in shares of Compagnie Générale des Établissements Michelin Société en commandite par actions (OTCMKTS:MGDDF) by 2.4% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 71,595 shares of the company’s stock after purchasing an additional 1,695 shares during the quarter. ARK Investment Management LLC’s holdings in Compagnie Générale des Établissements Michelin Société en commandite par actions were worth $2,202,000 as of its most recent filing with the Securities and Exchange Commission (SEC). 33.43% of the stock is currently owned by institutional investors.

Compagnie Générale des Établissements Michelin Société en commandite par actions Company Profile

Compagnie Générale des Établissements Michelin SCA engages in the manufacture, distribution and sale of tires. Its products and services include tires, mobility services, lifestyle products, Michelin solutions and Michelin engineering and services. The company operates through the following segments: Passenger car and Light truck tires and related distribution, Truck tires and related distribution, and Specialty businesses.