Ülker Bisküvi Sanayi AS (OTCMKTS:UELKY) trading up 3.2%

Shares of Ülker Bisküvi Sanayi AS (OTCMKTS:UELKY – Get Rating) rose 3.2% on Friday. The company traded as high as $8.26 and last traded at $8.26. About 750 shares were traded at midday, down 49% from the average daily volume of 1,484 shares. The stock previously closed at $8.00.

Wall Street analysts predict growth

Separately, JPMorgan Chase & Co. cut its price target on Ülker Bisküvi Sanayi AS shares from 25.70 to 25.20 and set a “neutral” rating on the stock in a Friday research note. May 27.

Ülker Bisküvi Sanayi AS Stock up 3.2%

The stock’s 50-day simple moving average is $8.82 and its two-hundred-day simple moving average is $10.70.

Company Profile Ülker Bisküvi Sanayi AS

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Ülker Bisküvi Sanayi AS, together with its subsidiaries, is engaged in the manufacture, marketing and sale of cookies, chocolates, chocolate covered cookies, cakes, wafers and crackers in Turkey and abroad. The company also produces chocolate paste, cocoa powder, chocolate chips, chocolate flakes, couverture chocolate, flour, hazelnut and hazelnut puree.

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