Schindler (OTCMKTS:SHLAF) Stock Crosses Below 50 Day Moving Average of $221.52

Schindler Holding AG (OTCMKTS:SHLAF – Get Rating) passed below its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of $221.52 and traded as low as $212.50. Schindler shares last traded at $216.00, with a volume of 79 shares traded.

Analyst Ratings Changes

SHLAF has been the topic of several recent analyst reports. Morgan Stanley downgraded Schindler from an “equal weight” rating to an “underweight” rating in a research report on Thursday, March 23rd. HSBC downgraded Schindler from a “hold” rating to a “reduce” rating in a research report on Friday, March 3rd. Three analysts have rated the stock with a sell rating, one has issued a hold rating and three have assigned a buy rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $177.00.

Schindler Trading Down 0.9 %

The business has a 50-day moving average price of $221.52 and a 200-day moving average price of $209.98.

Schindler Company Profile

(Get Rating)

Schindler Holding AG engages in the design, manufacture, and installation of elevator and escalator systems. It also offers moving walks, transit management solutions, and related maintenance and repair services. The company was founded by Robert Schindler and Eduard Villiger in 1874 and is headquartered in Hergiswil, Switzerland.