dormakaba (OTCMKTS:DRRKF) Trading Up 10% – What’s Next?

dormakaba Holding AG (OTCMKTS:DRRKF)’s share price shot up 10% on Thursday . The company traded as high as $740.00 and last traded at $740.00. 2 shares changed hands during trading, a decline of 99% from the average session volume of 356 shares. The stock had previously closed at $672.95.

dormakaba Stock Performance

The company’s 50 day moving average price is $617.96 and its 200-day moving average price is $545.24.

About dormakaba

dormakaba Holding AG provides access and security solutions worldwide. It offers door hardware products, such as door closer systems, door locks, and escape route systems; and entrance systems, including sliding, revolving, swing doors, as well as sensor barriers and speed and self-boarding gates. The company also provides electronic access and data that include access readers, terminals, electronic fittings, and locking cylinders; mechanical cylinder lock and master key systems; lodging systems comprising electronic door locks, and perimeter and facility readers, as well as mobile access solutions; safe locks; movable walls; and key blanks and key cutting machines under the Silca, Ilco, and Advanced Diagnostics brand names.