Fortnox AB (publ) (OTCMKTS:FNOXF) Shares Up 30.6% – Time to Buy?

Fortnox AB (publ) (OTCMKTS:FNOXFGet Free Report)’s stock price rose 30.6% during trading on Thursday . The company traded as high as $8.75 and last traded at $8.75. Approximately 500 shares traded hands during mid-day trading, a decline of 72% from the average daily volume of 1,800 shares. The stock had previously closed at $6.70.

Fortnox AB (publ) Price Performance

The company has a 50-day moving average price of $6.78 and a 200 day moving average price of $6.91.

About Fortnox AB (publ)

(Get Free Report)

Fortnox AB (publ) provides products, packages, and integrations for financial and administration applications in small and medium sized businesses, accounting firms, and organizations. The company offers bookkeeping, approval and review, supplier invoice, approval, invoice data capture, fixed assets, register, read, and audit access products; invoicing, basic invoicing, inventory, quote, order, autogiro, and time products; and annual accounts and taxes, reconciliation and reporting, group, and company manager reporting products.

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