K+S Aktiengesellschaft (OTCMKTS:KPLUF) Stock Crosses Below Fifty Day Moving Average – Here’s Why

K+S Aktiengesellschaft (OTCMKTS:KPLUF) shares crossed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $13.74 and traded as low as $13.1660. K+S Aktiengesellschaft shares last traded at $13.1660, with a volume of 23 shares trading hands.

Analyst Upgrades and Downgrades

Separately, Berenberg Bank cut shares of K+S Aktiengesellschaft from a “strong-buy” rating to a “strong sell” rating in a research report on Wednesday, August 20th. One investment analyst has rated the stock with a Sell rating, According to MarketBeat, K+S Aktiengesellschaft has an average rating of “Sell”.

K+S Aktiengesellschaft Trading Down 6.0%

The stock’s 50 day moving average is $13.74 and its 200 day moving average is $15.72.

K+S Aktiengesellschaft Company Profile

K+S Aktiengesellschaft, together with its subsidiaries, operates as a supplier of mineral products for the agricultural, industrial, consumer, and community sectors worldwide. It offers potassium chloride for crops, such as grain, corn, rice, and soybean; fertilizer specialties that are used for crops with magnesium and sulfur requirements, including rapeseed and potatoes, as well as for chloride-sensitive crops consisting of citrus, grapes, and vegetables; and water-soluble fertilizers for use in fertigation of fruit and vegetables under the KALISOP, KORN-KALI, ROLL-KALI, PATENTKALI, ESTA KIESERIT, MAGNESIA-KAINIT, SOLUMOP, SOLUSOP, SOLUCMS, SOLUMAP, SOLUMKP, EPSO TOP, EPSO MICROTOP, EPSO COMBITOP, EPSO PROFITOP, and EPSO BORTOP brands.