PALFINGER (PAL.VI)


Vienna - Vienna Delayed Price. Currency in EUR
27.30+0.30 (+1.11%)
At close: 11:34 AM EDT
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1d
Open27.00
Prev Close27.00
Bid0.00 x 1000
Ask0.00 x 3800
Day's Range27.00 - 27.50
52wk Range22.00 - 27.83
1y Target EstN/A
Market CapN/A
P/E Ratio (ttm)N/A
BetaN/A
Volume928
Avg Vol (3m)14,397
Dividend & YieldN/A (N/A)
Earnings DateN/A
  • Bloomberg2 years ago

    Palfinger Plunges With Orders on Europe's Weak Economy

    Palfinger AG (PAL) , the world’s biggest maker of truck-mounted cranes, fell the most in six years after predicting operating profit in 2014 will fall because European orders “nosedived” in September amid slowing economic growth. Palfinger plunged as much as 18 percent, the steepest intraday drop since Oct. 7, 2008, and was trading down 16 percent at 20.09 euros as of 11:04 a.m. in Vienna. The 18-nation euro region is struggling to sustain an economic recovery amid rising political tension with Russia over the country’s support of separatists in Ukraine and inflation that’s running at a fraction of the European Central Bank ’s definition of price stability. Palfinger is forecasting that full-year earnings before interest and taxes will decline from last year’s 61.1 million euros ($76.6 million).

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