Knorr-Bremse (OTCMKTS:KNRRY) Shares Down 0.7% - Should You Sell?

Key Points

• Knorr-Bremse's stock price fell 0.7%, trading between $26.51 and $26.74, with trading volume down 47% from its average.
• Analyst reports include Barclays' restatement of an "underweight" rating and Citigroup's "neutral" rating.
• The company specializes in braking systems and other solutions for rail and commercial vehicles, operating in both Rail Vehicle Systems and Commercial Vehicle Systems segments.

Shares of Knorr-Bremse - Unsponsored ADR (OTCMKTS:KNRRY - Get Free Report) fell 0.7% during trading on Thursday . The company traded as low as $26.51 and last traded at $26.56. 3,434 shares changed hands during trading, a decline of 47% from the average session volume of 6,527 shares. The stock had previously closed at $26.74.

Analysts Set New Price Targets

A number of brokerages recently commented on KNRRY. Barclays reiterated an "underweight" rating on shares of Knorr-Bremse in a research note on Thursday, July 10th. Citigroup reiterated a "neutral" rating on shares of Knorr-Bremse in a research note on Tuesday, August 5th. One investment analyst has rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company's stock. According to data from MarketBeat.com, Knorr-Bremse has a consensus rating of "Hold".

Knorr-Bremse Stock Up 1.1%

The firm's 50 day simple moving average is $24.90 and its 200-day simple moving average is $23.83.

About Knorr-Bremse

Knorr-Bremse AG, together with its subsidiaries, engages in the development, production, marketing, and servicing of braking and other systems for rail and commercial vehicles worldwide. The company operates in two segments, Rail Vehicle Systems and Commercial Vehicle Systems. The Rail Vehicle Systems segment offers braking systems, entrance and HVAC systems, sanitary systems, coupling systems, digital solutions, smart services for optimizing rail traffic, power electrics, rail computing and communication (RCC)/TCMS, signaling systems, stationary and mobile testing equipment, windshield wiper and wash systems, and extensive aftermarket solutions.