K+S Aktiengesellschaft (OTCMKTS:KPLUY) Stock Crosses Below Fifty Day Moving Average of $10.16

K+S Aktiengesellschaft (OTCMKTS:KPLUY – Get Rating) crossed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $10.16 and traded as low as $9.05. K+S Aktiengesellschaft shares last traded at $9.07, with a volume of 35,878 shares traded.

Analyst Ratings Changes

A number of brokerages have weighed in on KPLUY. Citigroup upgraded shares of K+S Aktiengesellschaft from a “sell” rating to a “neutral” rating in a research note on Thursday, February 9th. Jefferies Financial Group began coverage on shares of K+S Aktiengesellschaft in a research note on Monday, March 13th. They set a “buy” rating for the company. Finally, Stifel Nicolaus lowered shares of K+S Aktiengesellschaft from a “buy” rating to a “hold” rating in a research report on Wednesday, April 5th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and two have assigned a buy rating to the company. According to MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $24.50.

K+S Aktiengesellschaft Stock Down 2.0 %

The business’s 50-day moving average price is $10.16 and its 200-day moving average price is $10.72.

About K+S Aktiengesellschaft

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K+S AG is a holding company, which engages in the business of mining and processing of mineral raw materials. It offers mineral products for markets including agriculture, industry, consumers, communities, waste management, and transportation and logistics. The company was founded in 1889 and is headquartered in Kassel, Germany.