KWS SAAT SE & Co. KGaA (OTCMKTS:KNKZF) Stock Falls 11% – Here’s Why

Shares of KWS SAAT SE & Co. KGaA (OTCMKTS:KNKZF – Get Free Report) were down 11% during trading on Wednesday. The stock traded as low as C$75.48 and last traded at C$75.48. 5 shares changed hands during trading, a decline of 95% from the average daily volume of 100 shares. The stock had previously closed at C$84.83.

KWS SAAT SE & Co. KGaA Price Performance

The business’s 50-day moving average is C$84.24 and its 200 day moving average is C$86.56.

About KWS SAAT SE & Co. KGaA

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KWS SAAT SE & Co. KGaA is a German agricultural company focused on plant breeding and seed production. Founded in 1856, the company traces its roots to Klein Wanzleben, where it began as a sugar beet seed business. KWS develops, produces and markets seeds for crops including corn, sugar beet, cereals and vegetables. Its work includes breeding new plant varieties and providing seed products for farmers and other agricultural customers. Based in Einbeck, Germany, KWS serves agricultural markets internationally, with operations across Europe, the Americas and other regions.

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