Kion Group (FRA:KGX) Stock Moves Down 0.5%

Kion Group AG (FRA:KGX) experienced a decline of 0.5% in its stock price during trading on Friday. The stock hit a low of €31.13 ($32.09) and was last seen trading at €31.69 ($32.67). In the mid-day session, a total of 204,553 shares changed hands. This follows a previous closing price of €31.86 ($32.85).

Kion Group Stock Analysis

Over the past fifty days, Kion Group's simple moving average stands at €33.95, while the two-hundred day simple moving average is at €35.51. This information may be critical for potential investors looking to gauge future price movements.

About Kion Group

KION GROUP AG is a major player in the global market, providing a wide range of industrial trucks and supply chain solutions. The company operates mainly in two segments: Industrial Trucks & Services and Supply Chain Solutions. Its product offerings include various types of forklift trucks, counterbalance trucks powered by electric drives and internal combustion engines, as well as ride-on and hand-operated warehouse trucks. Additionally, Kion Group produces automated guided vehicle systems (AGVs) and towing vehicles, and markets its products under renowned brands such as Linde, STILL, Baoli, Fenwick, and OM.

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