Jungheinrich (OTCMKTS:JGHAF) Hits New 1-Year Low – What’s Next?

Shares of Jungheinrich AG (OTCMKTS:JGHAF – Get Free Report) reached a new 52-week low on Tuesday. The stock traded as low as $26.25 and last traded at $26.25, with a volume of 100 shares traded. The stock had previously closed at $26.25.

Analysts Set New Price Targets

Separately, UBS Group started coverage on Jungheinrich in a report on Tuesday, October 13th. They set a “neutral” rating for the company. One analyst has rated the stock with a Hold rating. Based on data from MarketBeat.com, the company presently has an average rating of “Hold”.

Read Our Latest Stock Analysis on JGHAF

Jungheinrich Price Performance

The stock has a 50-day moving average price of $28.85 and a 200-day moving average price of $33.29.

About Jungheinrich

(Get Free Report)

Jungheinrich AG is a German intralogistics company that develops, manufactures and services equipment and systems used to move, store and manage goods. Founded in Hamburg in 1953, the company serves businesses across industries that operate warehouses and distribution facilities. Its products include forklifts, pallet trucks and other material-handling equipment, as well as automated guided vehicles, warehouse racking and storage systems. Jungheinrich also provides warehouse automation, software and fleet-management solutions, along with maintenance and other services.

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