Krones AG (OTCMKTS:KRNTY – Get Free Report) was up 0.5% on Tuesday. The company traded as high as $65.10 and last traded at $65.10. Approximately 187 shares traded hands during trading, a decline of 13% from the average session volume of 214 shares. The stock had previously closed at $64.80.
Analyst Upgrades and Downgrades
Separately, Sanford C. Bernstein assumed coverage on Krones in a report on Wednesday, September 23rd. They issued a “market perform” rating for the company. Two analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy”.
Get Our Latest Stock Report on Krones
Krones Stock Performance
The company’s fifty day simple moving average is $64.17 and its two-hundred day simple moving average is $66.55.
About Krones
Krones AG is a Germany-based manufacturer of machinery and complete systems for the production, filling, packaging and processing of beverages and liquid food products. The company provides equipment for bottling and filling, labeling, packaging, palletizing and container production, as well as process technology for breweries, beverage producers and food manufacturers.
Its portfolio also includes intralogistics systems, recycling and water-treatment solutions, digital production-management tools and services intended to support the entire life cycle of customer plants.
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