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Jungheinrich (OTCMKTS:JGHAF) Shares Gap Down - What's Next?

Jungheinrich logo with Transportation background

Key Points

  • Jungheinrich AG shares experienced a significant drop, gapping down from a previous close of $44.11 to $39.80 during Wednesday's trading session.
  • The company's stock is currently trading down 9.8%, with a trading volume of just 100 shares recorded at the new opening price.
  • Jungheinrich specializes in providing products and solutions for the intralogistics sector, including material handling equipment and automated systems.
  • Five stocks we like better than Jungheinrich.

Shares of Jungheinrich AG (OTCMKTS:JGHAF - Get Free Report) gapped down prior to trading on Wednesday . The stock had previously closed at $44.11, but opened at $39.80. Jungheinrich shares last traded at $39.80, with a volume of 100 shares.

Jungheinrich Price Performance

The stock has a fifty day simple moving average of $43.56 and a two-hundred day simple moving average of $35.70.

Jungheinrich Company Profile

(Get Free Report)

Jungheinrich Aktiengesellschaft, through its subsidiaries, provides products and solutions for the intralogistics sector with a portfolio of material handling equipment, automated systems, and matching services worldwide. It operates in two segments, Intralogistics and Financial Services. The Intralogistics segment engages in the development, production, sale, and short-term rental of new material handling equipment and warehousing equipment products, including automation; sale and short-term leasing of used trucks; and provides spare parts, as well as maintenance and repair services.

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