Libbey Inc. (LBY) Soars 5.59%

Libbey Inc. (LBY) had a good day on the market for Tuesday December 10 as shares jumped 5.59% to close at $1.70. About 77,803 shares traded hands on 494 trades for the day, compared with an average daily volume of n/a shares out of a total float of 22.36 million. After opening the trading day at $1.62, shares of Libbey Inc. stayed within a range of $1.71 to $1.62.

With today’s gains, Libbey Inc. now has a market cap of $38.01 million. Shares of Libbey Inc. have been trading within a range of $5.85 and $1.46 over the last year, and it had a 50-day SMA of $n/a and a 200-day SMA of $n/a.

Libbey Inc. is a U.S. company that is one of the major global manufacturers and marketers of glass tableware products. These products include glass tableware, ceramic dinnerware, metal flatware, hollowware, and serveware items. These are primarily sold to customers in the foodservice, retail, and business-to-business markets. Apart from its U.S. operations, Libbey has manufacturing subsidiaries in Mexico, Latin America, The Netherlands, Portugal, and China. The firm’s operations are divided into the U.S. & Canada unit, Latin America unit, and EMEA (Europe, Middle East, and Africa) unit. The majority of the company’s revenue is derived from its sales in the U.S. and Canada. The company’s core brands include Libbey, Crisa, Royal Leerdam, World Tableware, Syracuse China, and Crisal Glass.

Libbey Inc. is based out of Toledo, OH and has some 6,083 employees. Its CEO is Michael P. Bauer.

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