Koenig & Bauer (ETR:SKB) Shares Down 0.9% – Here’s Why

Shares of Koenig & Bauer AG (ETR:SKB – Get Free Report) dropped 0.9% during mid-day trading on Friday. The company traded as low as €8.82 and last traded at €8.84. 1,822 shares changed hands during mid-day trading, a decline of 96% from the average session volume of 51,918 shares. The stock had previously closed at €8.92.

Koenig & Bauer Price Performance

The company has a current ratio of 1.40, a quick ratio of 0.36 and a debt-to-equity ratio of 88.02. The stock has a 50 day simple moving average of €8.91 and a 200-day simple moving average of €8.91. The firm has a market cap of $147.30 million, a PE ratio of -14.20, a price-to-earnings-growth ratio of 6.13 and a beta of 1.19.

Koenig & Bauer Company Profile

(Get Free Report)

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. The Digital & Web segment provides digital and offset web-fed presses for decor, flexible packaging, and newspaper and commercial printing applications.

Further Reading

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