dormakaba Holding AG (OTCMKTS:DRRKF – Get Free Report)’s stock price fell 18.5% during trading on Wednesday . The company traded as low as $64.60 and last traded at $64.60. 900 shares changed hands during mid-day trading, an increase of 800% from the average session volume of 100 shares. The stock had previously closed at $79.2980.
dormakaba Price Performance
The business has a 50-day moving average of $70.40 and a 200 day moving average of $76.83.
About dormakaba
dormakaba Holding AG is a global provider of access control and security solutions, offering a broad portfolio of products and services that span door hardware, automatic entrances, electronic access control, key systems and safe locks. Headquartered in Rümlang, Switzerland, the company was formed in 2015 through the merger of two long-established industry leaders—Kaba, founded in Switzerland in 1862, and Dorma, founded in Germany in 1908. dormakaba’s solutions support secure and efficient access to buildings and rooms in commercial, residential, hospitality, healthcare, education and transportation environments.
The company’s core business activities include the design, manufacture, installation and servicing of mechanical and electronic locking systems, access control readers, door closers, automatic sliding or revolving doors and digital access platforms.
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