Krones AG (OTCMKTS:KRNTY – Get Free Report)’s stock price was down 8.2% during mid-day trading on Tuesday . The stock traded as low as $64.15 and last traded at $64.15. 100 shares were traded during trading, a decline of 57% from the average session volume of 233 shares. The stock had previously closed at $69.88.
Analyst Ratings Changes
A number of equities analysts have weighed in on the company. Jefferies Financial Group restated a “buy” rating on shares of Krones in a research note on Friday, May 8th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Krones in a research report on Friday, May 15th. Three equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy”.
Check Out Our Latest Stock Report on KRNTY
Krones Price Performance
About Krones
Krones AG is a Germany-based manufacturer of machinery and complete production lines for the beverage, food and chemical industries. The company specializes in designing, engineering and supplying integrated systems for bottle blowing, filling, labelling and packaging. Its solutions are tailored to a wide range of liquid products, including carbonated beverages, water, beer, dairy, juices and pharmaceuticals.
In addition to core machinery, Krones offers factory automation and digitalization tools that enable real-time monitoring and optimization of production processes.
See Also
- Five stocks we like better than Krones
- Premium Retail’s Stress Test Is Separating Winners From Losers
- D-Wave Quantum or a Quantum ETF: Which Is the Better Bet?
- GE Vernova Just Sent a Mixed AI Signal to Investors
- Alphabet Crushed Earnings, But One Number Spooked the Market
Receive News & Ratings for Krones Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Krones and related companies with MarketBeat.com's FREE daily email newsletter.
