Daifuku (OTCMKTS:DAIUF) Shares Up 12.6% – Here’s Why

Shares of Daifuku Co., Ltd. (OTCMKTS:DAIUF – Get Free Report) were up 12.6% on Wednesday. The stock traded as high as $36.7850 and last traded at $36.7850. Approximately 391 shares traded hands during mid-day trading, a decline of 96% from the average daily volume of 9,637 shares. The stock had previously closed at $32.68.

Daifuku Price Performance

The company has a 50 day moving average of $36.81 and a 200 day moving average of $40.32.

About Daifuku

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Daifuku Co, Ltd. is a Japanese provider of material-handling, logistics and factory-automation systems. Founded in 1937, the company designs, manufactures, installs and services equipment and software that automate the movement, storage and management of goods and materials.

Its products and solutions include automated storage and retrieval systems, conveyors, sortation equipment, warehouse control systems and distribution-center automation. Daifuku also supplies automated systems for manufacturing facilities, including production and material-handling equipment used in automotive, semiconductor and cleanroom environments.

The company serves airports through baggage-handling systems and related equipment, and provides solutions for retail, parcel delivery, pharmaceuticals, food and beverage, and other industries.

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