Swedish Match AB (publ) (OTCMKTS:SWMAY) Share Price Crosses Below 50 Day Moving Average – Here’s Why

Swedish Match AB (publ) (OTCMKTS:SWMAY) shares passed below its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $10.57 and traded as low as $10.57. Swedish Match AB (publ) shares last traded at $10.57, with a volume of 200 shares traded.

Swedish Match AB (publ) Stock Performance

The firm has a 50-day moving average of $10.57 and a 200-day moving average of $10.57. The firm has a market capitalization of $16.12 billion, a P/E ratio of 24.02 and a beta of 0.41.

Swedish Match AB (publ) Company Profile

Swedish Match AB engages in the manufacture and trade of lighters and tobacco products. It operates through the following segments: Snus and Moist Snuff; Other Tobacco Products; Lights; and Other Operations. The Snus and Moist Snuff segment produces and markets smokeless cigarettes. The Other Tobacco Products segment manufactures and sells chewing tobacco and cigars.