Meyer Burger Technology (OTCMKTS:MYBUF) Stock Crosses Below 50 Day Moving Average – Time to Sell?

Shares of Meyer Burger Technology AG (OTCMKTS:MYBUFGet Free Report) crossed below its 50 day moving average during trading on Monday . The stock has a 50 day moving average of $0.05 and traded as low as $0.04. Meyer Burger Technology shares last traded at $0.04, with a volume of 27 shares.

Meyer Burger Technology Stock Down 20.0%

The stock has a 50 day moving average of $0.05 and a 200-day moving average of $0.07.

About Meyer Burger Technology

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Meyer Burger Technology AG is a Switzerland‐based company specializing in the development and production of advanced photovoltaic equipment and solar modules. The company’s core business revolves around supplying manufacturing systems for the solar industry, including technologies for wafer slicing, cell structuring, coating, and module assembly. Meyer Burger’s product portfolio also extends to turnkey production lines, performance optimization solutions and after‐sales services, catering to both equipment manufacturers and solar panel producers worldwide.

In recent years, Meyer Burger has expanded its activities beyond equipment supply by establishing its own module production facilities.

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