Schindler (OTCMKTS:SHLAF) Stock Crosses Below 50 Day Moving Average – Time to Sell?

Schindler Holding AG (OTCMKTS:SHLAF) shares crossed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $372.23 and traded as low as $365.99. Schindler shares last traded at $365.99, with a volume of 6 shares changing hands.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on SHLAF shares. Morgan Stanley lowered shares of Schindler to an “underweight” rating in a report on Tuesday, June 17th. Barclays reaffirmed an “overweight” rating on shares of Schindler in a report on Thursday, July 10th. One equities research analyst has rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Hold”.

Schindler Price Performance

The business has a 50-day moving average of $372.23 and a 200-day moving average of $353.05.

About Schindler

Schindler Holding AG engages in the production, installation, maintenance, and modernization of elevators, escalators, and moving walks worldwide. It offers Schindler Ahead SmartMirror, a mirror and a screen for entertainment or information; Schindler Ahead AdScreen that delivers messages on a special screen inside the elevator; and Schindler Ahead MediaScreen, an in-car media solution for elevators.