DEUTZ Aktiengesellschaft (OTCMKTS:DEUZF) Shares Down 8% – Here’s What Happened

Shares of DEUTZ Aktiengesellschaft (OTCMKTS:DEUZF – Get Free Report) fell 8% during mid-day trading on Thursday. The company traded as low as $12.10 and last traded at $12.10. 500 shares were traded during trading, a decline of 45% from the average session volume of 902 shares. The stock had previously closed at $13.15.

DEUTZ Aktiengesellschaft Stock Performance

The company has a 50 day moving average price of $12.75 and a 200 day moving average price of $11.86.

DEUTZ Aktiengesellschaft Company Profile

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DEUTZ Aktiengesellschaft is a Germany-based manufacturer of power systems and engines for off-highway applications. The company develops and produces diesel, gas, hydrogen and other alternative-drive engines used in construction equipment, agricultural machinery, material-handling equipment, stationary power systems, commercial vehicles and other industrial applications.

Founded in Cologne in 1864 as N.A. Otto & Cie., DEUTZ traces its origins to the work of Nicolaus Otto and Eugen Langen and the development of the four-stroke internal-combustion engine.

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