Jungheinrich Aktiengesellschaft (OTCMKTS:JGHAF) Sets New 12-Month High – Here’s Why

Jungheinrich Aktiengesellschaft (OTCMKTS:JGHAF)’s share price hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $26.70 and last traded at $26.70, with a volume of 0 shares. The stock had previously closed at $26.70.

Analysts Set New Price Targets

Separately, Barclays raised shares of Jungheinrich Aktiengesellschaft to a “strong-buy” rating in a report on Friday, September 20th.

Jungheinrich Aktiengesellschaft Price Performance

The business’s fifty day simple moving average is $26.70 and its two-hundred day simple moving average is $26.70.

Jungheinrich Aktiengesellschaft Company Profile

Jungheinrich Aktiengesellschaft, through its subsidiaries, provides products and solutions for the intralogistics sector with a portfolio of material handling equipment, automated systems, and matching services worldwide. It operates in two segments, Intralogistics and Financial Services. The Intralogistics segment engages in the development, production, sale, and short-term rental of new material handling equipment and warehousing equipment products, including automation; sale and short-term leasing of used trucks; and provides spare parts, as well as maintenance and repair services.