Konecranes (OTCMKTS:KNCRF) Trading 13.5% Higher – Here’s What Happened

Konecranes Plc (OTCMKTS:KNCRFGet Free Report)’s share price shot up 13.5% during mid-day trading on Thursday . The company traded as high as $74.35 and last traded at $74.35. 1,368 shares were traded during trading, an increase of 508% from the average session volume of 225 shares. The stock had previously closed at $65.50.

Konecranes Stock Performance

The stock has a 50 day simple moving average of $65.12 and a 200-day simple moving average of $65.88.

Konecranes Company Profile

(Get Free Report)

Konecranes Plc manufactures, sells, and services material handling solutions. It operates through three segments: Service, Industrial Equipment, and Port Solutions. The company offers workstation lifting system, overhead cranes, hazardous environment cranes and hoists, warehouse automation, and core of lifting, such as gears, motors, and controls; and provides crane advisory services.

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