Klöckner & Co SE (OTCMKTS:KLKNF) Shares Up 34.6% – Still a Buy?

Klöckner & Co SE (OTCMKTS:KLKNFGet Free Report) shares rose 34.6% during trading on Monday . The stock traded as high as $9.10 and last traded at $9.10. Approximately 300 shares were traded during trading, a decline of 31% from the average daily volume of 433 shares. The stock had previously closed at $6.76.

Klöckner & Co SE Trading Up 34.6%

The firm has a fifty day simple moving average of $6.31 and a 200 day simple moving average of $7.58.

About Klöckner & Co SE

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Klöckner & Co SE, through its subsidiaries, distributes steel and metal products. The company operates through three segments: Kloeckner Metals Americas, Kloeckner Metals EU, and Kloeckner Metals Non-EU. It offers flat steel products; long steel products; tubes and hollow sections; stainless steel and high-grade steel; aluminum products; and CO2-reduced steel, stainless steel, and aluminum products for building installations, roof and wall construction, and water supply.

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