Koenig & Bauer AG (ETR:SKB – Get Rating)’s stock price was up 1% on Thursday . The company traded as high as €15.80 ($16.12) and last traded at €15.70 ($16.02). Approximately 8,588 shares were traded during mid-day trading, a decline of 83% from the average daily volume of 51,918 shares. The stock had previously closed at €15.54 ($15.86).
Wall Street Analyst Weigh In
A number of analysts recently weighed in on SKB shares. Warburg Research set a €30.00 ($30.61) price target on shares of Koenig & Bauer in a research report on Friday, July 29th. Hauck Aufhäuser Investment Banking set a €13.00 ($13.27) price target on shares of Koenig & Bauer in a research report on Thursday, November 3rd.
Koenig & Bauer Trading Up 1.0 %
The business has a 50 day moving average of €12.92 and a 200-day moving average of €13.89. The company has a current ratio of 1.31, a quick ratio of 0.36 and a debt-to-equity ratio of 41.21. The firm has a market capitalization of $259.44 million and a P/E ratio of 18.26.
Koenig & Bauer Company Profile
Koenig & Bauer AG develops and manufactures printing and postprint systems worldwide. It operates through three segments: Sheetfed, Digital & Webfed, and Special. The Sheetfed segment offers offset presses for packaging and commercial printing, as well as workflow and logistics solutions; and peripheral equipment for finishing and processing printed products, such as rotary/flatbed die cutters and folding-box gluing lines.
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