Kardex (OTCMKTS:KRDXF) Stock Price Down 2.8% – Time to Sell?

Kardex Holding AG (OTCMKTS:KRDXFGet Free Report)’s stock price fell 2.8% during mid-day trading on Friday . The company traded as low as $409.56 and last traded at $409.56. 8 shares changed hands during mid-day trading, a decline of 94% from the average session volume of 135 shares. The stock had previously closed at $421.20.

Analysts Set New Price Targets

A number of brokerages recently issued reports on KRDXF. Jefferies Financial Group reissued a “buy” rating on shares of Kardex in a report on Monday, August 4th. UBS Group raised Kardex to a “buy” rating in a report on Wednesday, May 7th. Two analysts have rated the stock with a Buy rating, According to MarketBeat, the company has an average rating of “Buy”.

Read Our Latest Report on KRDXF

Kardex Stock Down 2.8%

The firm has a fifty day simple moving average of $374.77 and a two-hundred day simple moving average of $314.64.

About Kardex

(Get Free Report)

Kardex Holding AG provides intralogistics solutions; and supplies automated storage solutions and materials handling systems worldwide. It operates in two segments, Kardex Remstar and Kardex Mlog. The Kardex Remstar segment develops, produces, and maintains dynamic storage and retrieval systems. The Kardex Mlog segment offers integrated material handling systems and automated high bay warehouses.

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