Konecranes Plc (OTCMKTS:KNCRF – Get Free Report) was the recipient of a significant decrease in short interest in May. As of May 15th, there was short interest totaling 116,678 shares, a decrease of 39.7% from the April 30th total of 193,524 shares. Based on an average daily trading volume, of 421 shares, the short-interest ratio is currently 277.1 days.
Konecranes Stock Performance
KNCRF opened at $31.41 on Thursday. The company’s 50 day moving average is $36.28 and its 200-day moving average is $76.70. Konecranes has a 1-year low of $30.35 and a 1-year high of $113.40.
Konecranes Company Profile
Konecranes Oyj is a Finnish industrial machinery manufacturer and service provider specializing in lifting equipment and services for a wide range of industries. The company’s core business includes the design, production and servicing of overhead cranes, hoists, jib cranes, dockside and shipyard cranes, as well as container handling equipment. Konecranes also offers digital solutions that enhance safety and productivity through remote monitoring and predictive maintenance.
Established in 1994 as an independent spin-off from the crane division of Kone Corporation, Konecranes is headquartered in Hyvinkää, Finland.
See Also
- Five stocks we like better than Konecranes
- Coke’s $10B India IPO Plan Pops the Top on Hidden Value
- FedEx Unboxes Billions in Post-Spinoff Value
- Marvell’s AI Moment Raises a Bigger Question for Amazon and ServiceNow
- Palo Alto Networks Accelerates Growth 31% on AI Demand
Receive News & Ratings for Konecranes Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Konecranes and related companies with MarketBeat.com's FREE daily email newsletter.
