Jenoptik (OTCMKTS:JNPKF) Stock Price Up 6.9% – Here’s Why

Jenoptik AG (OTCMKTS:JNPKFGet Free Report)’s share price shot up 6.9% during mid-day trading on Thursday . The company traded as high as $22.5486 and last traded at $22.5486. 383 shares changed hands during trading, a decline of 40% from the average session volume of 638 shares. The stock had previously closed at $21.10.

Jenoptik Price Performance

The company’s 50-day moving average price is $21.92 and its 200 day moving average price is $21.65.

Jenoptik Company Profile

(Get Free Report)

Jenoptik AG is a global photonics and optical technology group headquartered in Jena, Germany. Established in 1991 out of the optical components division of Carl Zeiss Jena following German reunification, the company has grown into a diversified provider of precision instruments and systems for a wide range of industries.

The company’s main business activities are organized into three divisions: Smart Mobility Solutions, Advanced Photonic Solutions and Light & Optics. In Smart Mobility Solutions, Jenoptik develops and supplies traffic enforcement cameras, automatic number plate recognition systems and tolling solutions for public authorities and transport agencies.

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