XBP Europe (NASDAQ:XBP) Shares Down 8% – Time to Sell?

XBP Europe Holdings, Inc. (NASDAQ:XBPGet Free Report) shares were down 8% on Tuesday . The company traded as low as $1.02 and last traded at $1.03. Approximately 20,074 shares were traded during mid-day trading, a decline of 97% from the average daily volume of 615,796 shares. The stock had previously closed at $1.12.

XBP Europe Price Performance

The business’s 50-day simple moving average is $1.12 and its two-hundred day simple moving average is $1.36.

XBP Europe Company Profile

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XBP Europe Holdings, Inc provides bills, payments, and related solutions and services in France, Germany, the United Kingdom, Sweden, and internationally. The company operates through two segments, Bills & Payments and Technology. The Bills & Payments segment focuses on optimizing how bills and payments are processed by businesses of all sizes and industries.

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