XBP Europe (NASDAQ:XBP) Trading 4% Higher – Still a Buy?

XBP Europe Holdings, Inc. (NASDAQ:XBPGet Free Report) rose 4% on Wednesday . The company traded as high as $1.29 and last traded at $1.29. Approximately 14,364 shares traded hands during mid-day trading, a decline of 98% from the average daily volume of 625,646 shares. The stock had previously closed at $1.24.

XBP Europe Price Performance

The company’s 50-day simple moving average is $1.11 and its 200-day simple moving average is $1.44.

About XBP Europe

(Get Free Report)

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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