Jungheinrich Aktiengesellschaft (ETR:JUN3) Stock Price Down 5.8% – Here’s Why

Jungheinrich Aktiengesellschaft (ETR:JUN3Get Free Report) shares were down 5.8% during mid-day trading on Wednesday . The company traded as low as €29.18 and last traded at €30.18. Approximately 173,624 shares changed hands during trading, an increase of 38% from the average daily volume of 126,014 shares. The stock had previously closed at €32.04.

Jungheinrich Aktiengesellschaft Trading Down 5.8%

The stock has a market capitalization of $3.26 billion, a PE ratio of 11.71, a price-to-earnings-growth ratio of 2.83 and a beta of 1.75. The business’s 50-day moving average is €36.04 and its two-hundred day moving average is €33.03. The company has a debt-to-equity ratio of 27.41, a quick ratio of 0.84 and a current ratio of 1.43.

About Jungheinrich Aktiengesellschaft

(Get Free Report)

Jungheinrich Aktiengesellschaft, through its subsidiaries, provides products and solutions for the intralogistics sector with a portfolio of material handling equipment, automated systems, and matching services worldwide. It operates in two segments, Intralogistics and Financial Services. The Intralogistics segment engages in the development, production, sale, and short-term rental of new material handling equipment and warehousing equipment products, including automation; sale and short-term leasing of used trucks; and provides spare parts, as well as maintenance and repair services.

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