XBP Europe (NASDAQ:XBP) Stock Price Down 8% – Here’s What Happened

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

XBP Europe Stock Performance

The firm’s 50 day simple moving average is $1.12 and its 200 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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