Jungheinrich AG (OTCMKTS:JGHAF – Get Free Report) shares hit a new 52-week low during mid-day trading on Tuesday. The company traded as low as $26.25 and last traded at $26.25, with a volume of 100 shares traded. The stock had previously closed at $26.25.
Analyst Upgrades and Downgrades
Separately, UBS Group initiated coverage on Jungheinrich in a research note on Tuesday, October 13th. They issued a “neutral” rating for the company. One equities research analyst has rated the stock with a Hold rating. According to data from MarketBeat.com, the company presently has an average rating of “Hold”.
Read Our Latest Stock Analysis on Jungheinrich
Jungheinrich Stock Performance
The firm’s fifty day simple moving average is $28.85 and its 200 day simple moving average is $33.29.
Jungheinrich Company Profile
Jungheinrich AG is a German intralogistics company that develops, manufactures and services equipment and systems used to move, store and manage goods. Founded in Hamburg in 1953, the company serves businesses across industries that operate warehouses and distribution facilities. Its products include forklifts, pallet trucks and other material-handling equipment, as well as automated guided vehicles, warehouse racking and storage systems. Jungheinrich also provides warehouse automation, software and fleet-management solutions, along with maintenance and other services.
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