Krones (ETR:KRN) Stock Price Down 0.6% – Should You Sell?

Krones AG (ETR:KRNGet Free Report)’s share price fell 0.6% during mid-day trading on Friday . The company traded as low as €133.00 and last traded at €133.40. 9,838 shares were traded during mid-day trading, a decline of 71% from the average session volume of 33,680 shares. The stock had previously closed at €134.20.

Krones Price Performance

The firm has a market cap of $4.31 billion, a PE ratio of 17.26, a price-to-earnings-growth ratio of 0.78 and a beta of 1.14. The company has a current ratio of 1.34, a quick ratio of 0.98 and a debt-to-equity ratio of 3.44. The company has a 50 day moving average price of €128.71 and a 200 day moving average price of €131.23.

Krones Company Profile

(Get Free Report)

Krones AG, together with its subsidiaries, engages in the planning, development, and manufacture of machines and lines for the production, filling, and packaging technology in Germany and internationally. It operates in three segments, Filling and Packaging Technology, Process Technology, and Intralogistics. The Filling and Packaging Technology segment offers machines and lines for stretch blow molders, bottle washing, filling, inspection, labelling, conveying, product packing, palletizing, treatment, technology products, as well as for producing PET containers and converting used plastic bottles into food-grade recycled material.

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