KAI Surpasses Important Moving Average Threshold

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In trading on Friday, shares of Kadant Inc (KAI) surpassed their 200-day moving average of $183.95, reaching a peak of $184.54 per share. The stock experienced an increase of approximately 3.4% on the day.

Kadant’s shares have a 52-week range with a low point of $154.19 and a high of $222.40, compared to the last trade of $184.45.

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