Krones AG (OTCMKTS:KRNTY – Get Free Report) shares were down 12.8% on Friday . The stock traded as low as $71.54 and last traded at $71.54. Approximately 127 shares were traded during mid-day trading, an increase of 13% from the average daily volume of 112 shares. The stock had previously closed at $82.00.
Krones Stock Performance
The company has a 50 day moving average of $79.31 and a two-hundred day moving average of $76.72.
Krones Company Profile
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.
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