u-blox (OTCMKTS:UBLXF) Stock Price Down 7.2% – Should You Sell?

u-blox Holding AG (OTCMKTS:UBLXFGet Free Report) shares fell 7.2% on Friday . The company traded as low as $162.22 and last traded at $162.22. 12 shares traded hands during trading, a decline of 98% from the average session volume of 629 shares. The stock had previously closed at $174.76.

u-blox Price Performance

The business has a fifty day moving average of $167.59 and a 200-day moving average of $151.98.

u-blox Company Profile

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u-blox Holding AG (OTCMKTS: UBLXF) is a Swiss fabless semiconductor company specializing in positioning and wireless communication technologies. Founded in 1997 and headquartered in Thalwil, Switzerland, u-blox develops and markets a broad portfolio of global navigation satellite system (GNSS) receivers, cellular modules, short-range radio modules and chips, as well as accompanying software and services. These solutions enable precise positioning, reliable cellular connectivity and low-power wireless communication for a diverse range of applications.

The company’s GNSS product lineup includes cost-optimized modules and high-precision chips that support multi-constellation satellite systems such as GPS, GLONASS, Galileo and BeiDou.

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