Krones (OTCMKTS:KRNTY) Trading Up 15.7% – Here’s Why

Krones AG (OTCMKTS:KRNTYGet Free Report)’s share price rose 15.7% during trading on Friday . The stock traded as high as $72.05 and last traded at $72.05. Approximately 200 shares traded hands during mid-day trading, a decline of 58% from the average daily volume of 475 shares. The stock had previously closed at $62.30.

Krones Stock Performance

The stock’s 50-day moving average is $66.02 and its two-hundred day moving average is $66.58.

Krones Company Profile

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Krones AG, together with its subsidiaries, engages in the planning, development, and manufacture of machines and lines for the production, filling, and packaging technology in Germany and internationally. It operates in three segments, Filling and Packaging Technology, Process Technology, and Intralogistics.

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