Konecranes (OTCMKTS:KNCRY) Shares Up 21.5% – Time to Buy?

Shares of Konecranes Plc (OTCMKTS:KNCRYGet Free Report) rose 21.5% on Thursday . The company traded as high as $14.50 and last traded at $14.50. Approximately 330 shares traded hands during trading, a decline of 26% from the average daily volume of 443 shares. The stock had previously closed at $11.94.

Konecranes Stock Performance

The business has a 50 day moving average of $12.55 and a two-hundred day moving average of $13.13.

About Konecranes

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Konecranes Plc manufactures, sells, and services material handling solutions. It operates through three segments: Service, Industrial Equipment, and Port Solutions. The company offers workstation lifting system, overhead cranes, hazardous environment cranes and hoists, warehouse automation, and core of lifting, such as gears, motors, and controls; and provides crane advisory services.

Further Reading

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