Shares of Rubis (OTCMKTS:RUBSF – Get Rating) were up 15.7% during trading on Monday. The stock traded as high as $24.76 and last traded at $24.76. Around 100 shares were traded during mid-day trading, a decline of 78% from the average daily volume of 454 shares. The stock had previously closed at $21.40.
Wall Street analysts forecast growth
Separately, Oddo BHF upgraded Rubis from “Underperform” rating to “Neutral” rating in a research note on Friday, September 9.
Rubis Trading 15.7%
The company’s 50-day simple moving average is $21.51 and its 200-day simple moving average is $22.61.
Rubis engages in the operation of bulk liquid storage facilities and distribution of petroleum products in Europe, Africa and the Caribbean. The company operates in two divisions, Retail and Marketing and Support and Services, it operates terminals that serve as bulk liquid storage facilities for petroleum products, chemical products, biofuels, fertilizers, molasses, edible oils and agri-food products. provide; and trades and distributes fuels, liquefied gases, bitumen, fuel oils, aviation and marine fuels, and lubricants, as well as butane and propane.
Receive news and ratings for Rubis Daily – Enter your email address below to receive a concise daily summary of the latest news and analyst ratings for Rubis and related companies with MarketBeat.com’s FREE daily email newsletter.