Kion Group (FRA:KGX) Trading Down 2.5% – Here’s What Happened

Kion Group Ag (FRA:KGX)’s stock price fell 2.5% on Monday . The company traded as low as €43.12 and last traded at €43.48. 744,816 shares traded hands during trading, The stock had previously closed at €44.58.

Kion Group Trading Down 2.5%

The company’s fifty day simple moving average is €58.82 and its 200-day simple moving average is €60.37.

About Kion Group

KION GROUP AG provides industrial trucks and supply chain solutions worldwide. The company operates in Industrial Trucks & Services and Supply Chain Solutions segments. It offers forklift trucks, counterbalance trucks with electric drive and internal combustion engine, ride-on and hand-operated warehouse trucks, automated guided vehicle systems (AGVs), and towing vehicles under the Linde, STILL, Baoli, Fenwick, and OM brands. The company also manufactures and sells spare parts; leases and rents industrial trucks and related items; and offers maintenance and repair, and fleet management services, as well as provides finance solutions.