Kardex (OTCMKTS:KRDXF) Stock Price Down 4.3% – Here’s What Happened

Kardex Holding AG (OTCMKTS:KRDXF – Get Free Report)’s stock price traded down 4.3% on Tuesday. The company traded as low as $272.82 and last traded at $272.82. 2 shares traded hands during trading, a decline of 98% from the average session volume of 116 shares. The stock had previously closed at $285.00.

Analyst Ratings Changes

Separately, UBS Group reiterated a “buy” rating on shares of Kardex in a research report on Wednesday, August 26th. One equities research analyst has rated the stock with a Buy rating, According to MarketBeat.com, the company currently has an average rating of “Buy”.

Check Out Our Latest Research Report on KRDXF

Kardex Price Performance

The firm has a 50-day moving average price of $291.65 and a two-hundred day moving average price of $305.66.

About Kardex

(Get Free Report)

Kardex AG is a Switzerland-based provider of automated storage and retrieval solutions for warehouses, distribution centers, manufacturing facilities and other industrial environments. The company develops systems designed to improve the storage, organization and retrieval of goods, components and documents while supporting more efficient use of space and labor.

Its product portfolio includes automated vertical lift modules, vertical carousels, horizontal carousels, automated warehouse systems and related material-handling equipment.

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