Krones AG (ETR:KRN – Get Free Report)’s share price rose 1.5% during trading on Wednesday. The company traded as high as €106.60 and last traded at €106.60. Approximately 28,187 shares were traded during trading, a decline of 16% from the average daily volume of 33,680 shares. The stock had previously closed at €105.00.
Krones Stock Performance
The company has a 50-day simple moving average of €112.42 and a two-hundred day simple moving average of €115.32. The company has a quick ratio of 0.98, a current ratio of 1.42 and a debt-to-equity ratio of 7.94. The firm has a market cap of $3.45 billion, a PE ratio of 13.80, a PEG ratio of 0.78 and a beta of 0.93.
About Krones
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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