Klöckner & Co SE (OTCMKTS:KLKNF) Share Price Crosses Above Two Hundred Day Moving Average – Should You Sell?
by Jessica Moore · The Cerbat GemShares of Klöckner & Co SE (OTCMKTS:KLKNF – Get Free Report) passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $8.39 and traded as high as $13.10. Klöckner & Co SE shares last traded at $12.49, with a volume of 2,036 shares trading hands.
Klöckner & Co SE Trading Up 1.5%
The business has a 50-day moving average price of $10.39 and a two-hundred day moving average price of $8.39.
About Klöckner & Co SE
Klöckner & Co SE is a Germany-based international distributor of steel and metal products, offering comprehensive sourcing, supply and value-added services to industrial customers. With a network of service centers and warehouses across Europe and North America, the company specializes in logistics solutions designed to optimize inventory management and reduce delivery times for manufacturers in the automotive, construction, energy, and engineering sectors.
The company’s product portfolio encompasses a broad range of carbon steel, stainless steel, and nonferrous metal materials, including sheet, plate, pipe and tube, rebar, and structural sections.