Palfinger (OTCMKTS:PLFRF) Trading Down 12.8% – Should You Sell?

Shares of Palfinger AG (OTCMKTS:PLFRFGet Free Report) dropped 12.8% during mid-day trading on Friday . The company traded as low as $21.50 and last traded at $21.50. Approximately 500 shares traded hands during trading, an increase of 67% from the average daily volume of 300 shares. The stock had previously closed at $24.67.

Palfinger Stock Down 12.8 %

The firm has a 50 day moving average price of $22.00 and a 200-day moving average price of $22.45.

Palfinger Company Profile

(Get Free Report)

Palfinger AG produces and sells crane and lifting solutions worldwide. It offers loader cranes, timber and recycling cranes, knuckle boom cranes, telescopic cranes, stiff boom cranes, winches and offshore equipment, offshore cranes, davit systems, boats, wind cranes, hooklifts, access platforms, tail lifts, passenger lifts, mobile cranes, truck mounted forklifts, railway systems, rope access, bridge inspection units, hookloaders, and skiploaders equipment.

Further Reading

Receive News & Ratings for Palfinger Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Palfinger and related companies with MarketBeat.com's FREE daily email newsletter.