Kardex Holding AG (OTCMKTS:KRDXF – Get Free Report) shares were down 12.7% during mid-day trading on Wednesday . The company traded as low as $268.30 and last traded at $268.30. Approximately 11 shares changed hands during trading, a decline of 90% from the average daily volume of 114 shares. The stock had previously closed at $307.30.
Kardex Trading Down 12.7%
The business’s 50-day simple moving average is $327.27 and its 200-day simple moving average is $327.21.
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.
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