Palfinger (OTCMKTS:PLFRF) Stock Price Down 3% – Time to Sell?

Shares of Palfinger AG (OTCMKTS:PLFRFGet Free Report) were down 3% on Friday . The stock traded as low as $36.10 and last traded at $36.10. Approximately 300 shares traded hands during mid-day trading, an increase of 33% from the average daily volume of 225 shares. The stock had previously closed at $37.20.

Analyst Ratings Changes

Separately, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Palfinger in a research report on Monday, July 6th. One investment analyst has rated the stock with a Buy rating, According to MarketBeat, Palfinger presently has an average rating of “Buy”.

View Our Latest Analysis on PLFRF

Palfinger Price Performance

The stock has a 50-day moving average price of $38.64 and a two-hundred day moving average price of $39.76.

About Palfinger

(Get Free Report)

Palfinger (OTCMKTS:PLFRF) is a global manufacturer of hydraulic lifting, loading and handling systems. Headquartered in Salzburg, Austria, the company offers a wide range of products including knuckle boom cranes, hook loaders, tail lifts and maritime cranes. These solutions are used across industries such as construction, transportation, waste management and offshore energy, providing vital equipment for material handling and lifting tasks on trucks, ships and stationary platforms.

Founded in 1932 by Richard Palfinger, the company has grown from a small regional workshop into an international technology leader.

See Also

Receive News & Ratings for Palfinger Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Palfinger and related companies with MarketBeat.com's FREE daily email newsletter.