Krones (OTCMKTS:KRNTY) Shares Up 15.7% – Still a Buy?

Krones AG (OTCMKTS:KRNTYGet Free Report) shares shot up 15.7% during mid-day trading on Friday . The company traded as high as $72.05 and last traded at $72.05. 200 shares traded hands during trading, a decline of 58% from the average session volume of 475 shares. The stock had previously closed at $62.30.

Krones Stock Performance

The firm’s 50 day simple moving average is $66.02 and its 200-day simple moving average is $66.58.

Krones Company Profile

(Get Free Report)

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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