Shares of Krones AG (ETR:KRN – Get Free Report) fell 0.9% during mid-day trading on Wednesday. The company traded as low as €113.00 and last traded at €113.60. 21,287 shares were traded during mid-day trading, a decline of 37% from the average daily volume of 33,680 shares. The stock had previously closed at €114.60.
Krones Stock Performance
The firm has a market capitalization of $3.67 billion, a P/E ratio of 14.70, a PEG ratio of 0.78 and a beta of 0.93. The company has a debt-to-equity ratio of 7.94, a quick ratio of 0.98 and a current ratio of 1.42. The company has a 50-day simple moving average of €111.63 and a two-hundred day simple moving average of €118.97.
Krones Company Profile
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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