ElringKlinger (OTCMKTS:EGKLF) Stock Price Up 14.6% – Time to Buy?

ElringKlinger AG (OTCMKTS:EGKLFGet Free Report) rose 14.6% on Monday . The company traded as high as $5.06 and last traded at $5.06. Approximately 600 shares were traded during trading, an increase of 200% from the average daily volume of 200 shares. The stock had previously closed at $4.42.

ElringKlinger Stock Performance

The business has a fifty day simple moving average of $4.78 and a two-hundred day simple moving average of $4.72.

About ElringKlinger

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ElringKlinger AG develops, manufactures, and sells systems and components for the automotive industry in Germany, the Asia-Pacific, North America, rest of Europe, and internationally. It operates through four segments: Original Equipment, Aftermarket, Engineered Plastics, and Other. The Original Equipment segment is involved in the development, manufacture, and sale of products and assemblies, such as metal sealing systems and drive train components; thermoplastics for drivetrains, body, and underbody applications; hybrid technologies; thermal, acoustic, and aerodynamic shielding systems; cylinder-head and specialty gaskets; battery and fuel cell components and systems; electric drive units; and exhaust gas purification.

Further Reading

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