Kardex Holding AG (OTCMKTS:KRDXF – Get Free Report) fell 3.6% on Monday . The company traded as low as $285.00 and last traded at $285.00. Approximately 100 shares traded hands during trading, a decline of 18% from the average daily volume of 122 shares. The stock had previously closed at $295.50.
Analyst Upgrades and Downgrades
Separately, UBS Group reiterated a “buy” rating on shares of Kardex in a research note on Wednesday, August 26th. One research analyst has rated the stock with a Buy rating, According to MarketBeat, the company presently has an average rating of “Buy”.
View Our Latest Stock Report on Kardex
Kardex Stock Down 3.6%
Kardex Company Profile
Kardex is a Swiss-based company specializing in automated storage and retrieval systems designed to optimize material flow and warehouse management. The firm develops, manufactures and sells high-bay storage systems, vertical lift modules, vertical buffer modules and conveyor technologies under its Kardex Remstar and Kardex Mlog brands. These solutions integrate mechanical, electronic and software components to deliver scalable, space-saving automation for a variety of industries.
The company’s product portfolio includes goods-to-person and person-to-goods systems that enhance picking accuracy and throughput.
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