Konecranes (OTCMKTS:KNCRF) Trading Up 13.5% – Still a Buy?

Konecranes Plc (OTCMKTS:KNCRFGet Free Report)’s stock price shot up 13.5% during trading on Thursday . The stock traded as high as $74.35 and last traded at $74.35. 1,368 shares traded hands 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’s 50 day moving average price is $64.94 and its 200 day moving average price is $65.78.

About Konecranes

(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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