Arçelik Anonim Sirketi (OTCMKTS:ACKAY) Stock Falls 7.6% – Here’s Why

Arçelik Anonim Sirketi (OTCMKTS:ACKAY – Get Free Report)’s share price traded down 7.6% during mid-day trading on Friday. The stock traded as low as $7.3475 and last traded at $7.3475. 261 shares traded hands during mid-day trading, a decline of 82% from the average daily volume of 1,431 shares. The stock had previously closed at $7.95.

Arçelik Anonim Sirketi Stock Down 7.6%

The stock’s 50 day moving average price is $8.68 and its 200 day moving average price is $11.47.

About Arçelik Anonim Sirketi

(Get Free Report)

Arçelik Anonim Şirketi is a Turkey-based manufacturer of consumer durables and household appliances. The company develops and sells refrigerators, freezers, washing machines, tumble dryers, dishwashers, cooking appliances, vacuum cleaners, small domestic appliances, air conditioners and related home technologies. It also offers consumer electronics and connected-home products in selected markets.

Founded in 1955, Arçelik is a member of Koç Holding and markets products under brands including Arçelik, Beko and Grundig, as well as other regional and category-specific brands.

Featured Stories

Receive News & Ratings for Arçelik Anonim Sirketi Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Arçelik Anonim Sirketi and related companies with MarketBeat.com's FREE daily email newsletter.