Krones AG (OTCMKTS:KRNTY – Get Free Report) dropped 8.9% during trading on Tuesday . The company traded as low as $65.71 and last traded at $66.29. Approximately 1,554 shares traded hands during mid-day trading, an increase of 871% from the average daily volume of 160 shares. The stock had previously closed at $72.80.
Krones Price Performance
The company’s 50 day moving average is $68.61 and its 200 day moving average is $68.01.
About Krones
Krones AG, together with its subsidiaries, engages in the planning, development, and manufacture of machines and lines for the production, filling, and packaging technology in Germany and internationally. It operates in three segments, Filling and Packaging Technology, Process Technology, and Intralogistics.
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