Krones (OTCMKTS:KRNTY) Trading 5.5% Higher – Here’s What Happened

Krones AG (OTCMKTS:KRNTYGet Free Report) shares were up 5.5% during trading on Wednesday . The stock traded as high as $82.00 and last traded at $82.00. Approximately 106 shares traded hands during mid-day trading, a decline of 60% from the average daily volume of 265 shares. The stock had previously closed at $77.75.

Krones Trading Up 5.5%

The firm has a fifty day moving average of $78.20 and a two-hundred day moving average of $76.55.

Krones Company Profile

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Krones AG is a Germany-based manufacturer of machinery and complete production lines for the beverage, food and chemical industries. The company specializes in designing, engineering and supplying integrated systems for bottle blowing, filling, labelling and packaging. Its solutions are tailored to a wide range of liquid products, including carbonated beverages, water, beer, dairy, juices and pharmaceuticals.

In addition to core machinery, Krones offers factory automation and digitalization tools that enable real-time monitoring and optimization of production processes.

Further Reading

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