Konecranes (OTCMKTS:KNCRF) Shares Down 4.3% – Here’s Why

Konecranes Plc (OTCMKTS:KNCRFGet Free Report)’s share price was down 4.3% during mid-day trading on Thursday . The stock traded as low as $63.40 and last traded at $63.40. Approximately 100 shares changed hands during trading, a decline of 76% from the average daily volume of 425 shares. The stock had previously closed at $66.23.

Konecranes Stock Performance

The stock’s fifty day simple moving average is $69.66 and its 200-day simple moving average is $67.20.

About Konecranes

(Get Free Report)

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.

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