Kardex Holding AG (OTCMKTS:KRDXF – Get Free Report) was the target of a significant increase in short interest during the month of May. As of May 29th, there was short interest totaling 1,926 shares, an increase of 120.4% from the May 14th total of 874 shares. Based on an average trading volume of 0 shares, the short-interest ratio is presently ? days.
Kardex Stock Performance
Shares of KRDXF opened at $268.30 on Friday. The company’s 50 day simple moving average is $324.86 and its 200-day simple moving average is $326.21. Kardex has a 12-month low of $236.90 and a 12-month high of $426.09.
About Kardex
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.
Read More
- Five stocks we like better than Kardex
- TJX: Retail’s Apex Predator Feasts on Inflation
- MarketBeat Week in Review – 06/08 – 06/12
- SpaceX Rings the Bell and Shatters Every Record
- Adobe Stock Just Got Cheaper—Is Wall Street Missing the Story?
Receive News & Ratings for Kardex Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Kardex and related companies with MarketBeat.com's FREE daily email newsletter.
